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Brazils Foreign Economic Policy: South South North South or ...

Source: www.nuso.org
Topic: Economic Policy

Sort Desciption: An essential part of Brazils economic policy stra-. tegy is to fight hunger and poverty in the ...... Economic Policy is to achieve greater negotiation ...

Content Inside: Brazil’s Foreign Economic Policy: South – South North – South or both? ISABELLE MAAG Brazil’s Foreign Economic Policy FES Briefing Paper March 2005 1 Introduction Since he came into office on 01 January 2003 the new Brazilian president Luiz Incio “Lula” da Silva has promised continuity in his foreign policy objectives and priorities while setting some different emphasis than his predecessor Fernando Henrique Cardoso. Seeing foreign trade as an essential instrument for economic development and the reduction of external vulnerabilities Lula’s main concern is to achieve a more equitable international order through an active engagement in regional and global partnerships. He wants trade liberalisation to go hand in hand with social justice. Trade should not only be free but also fair. This paper examines Brazil’s foreign economic policy under president Lula da Silva and pays special attention to Brazil’s role within a changing international context of new constellations in North-South and South-South economic relations. 1 These new elements became obvious through active players in the World Trade Organization (WTO) like China India Brazil and South Africa who established the G-20 a group of developing countries that insists on becoming more involved in setting the rules of world trade. Especially since the collapse of the 5 th WTO Ministerial in Cancn in September 2003 there is a new capacity and willingness amongst countries of the Southern Cone to form a united front based on coalitions or joint actions. Brazil is actively involved in those efforts. “The emergence of the G-20 … has demonstrated that the time of deals negotiated between the major powers and then passed on to the rest of the membership for minor adjustments is past” said Luiz Felipe de Seixas Corra in his candidate statement during the WTO Director-General selection process. But can intensified South-South cooperation e ...

isabelle maag

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