Mercorsur

Brazil President will Ask Zero Tariff for Mercosur Partners

Brazilian President Dilma Rousseff will request today at the 46th Meeting of Head of States of the South Common Market (Mercosur) to apply zero tariff

Prensa Latina
29/07/2014 14:53
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Brazilian President Dilma Rousseff will request today at the 46th Meeting of Head of States of the South Common Market (Mercosur) to apply zero tariff since 2015 to part of the trade with Peru, Chile and Colombia.

An official statement confirmed on Monday the attendance of Rousseff to this summit, in which she will request to forward the enforcement of the agreement of freeing business taxes for those three partner nations of Mercosur.

 

The agreement to implement the zero rates in the commercial area is sealed and its implementation is scheduled for 2019, but Brazil would like to discuss with the other members its implementation from 2015, emphasized in recent days Antonio Jose Ferreira Simoes, deputy secretary general for South America in the Foreign Affairs Ministry.

 

This is aimed at progressing in order to ensure the increase of trade relations with these South American countries, which will facilitate the sale of manufactured products and create new jobs, he said.

 

The diplomat did not specify the sectors or goods included in the zero tariffs and reiterated that this initiative will benefit the industry and the marketing of agricultural products.

 

During the meeting members of the bloc (Brazil, Uruguay, Paraguay, Argentina and Venezuela) will seek rapprochement with the purpose of achieving a common approach toward a trade agreement with the European Union (EU).

 

It is not ruled out that Mercosur makes a statement against the Israeli military aggression on the Gaza Strip, Palestine, which has left since last July 8 more than 1 000 people dead and over 6 000 wounded, according to various sources.

 

Mercosur countries together account for 72 percent of the South American territory, 70 percent of the population of this region and account for 80 percent of regional Gross Domestic Product, and 58 percent of foreign investment.

 

In addition to the presidents of the member nations of this group, the meeting will also be attended by the head of states of Bolivia, Nicaragua, El Salvador and Chile.

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