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Wednesday 29 April 2009, San José, Costa Rica  Home Contact Us Subscribe To Our Newsletter
Brazil, Peru Presidents Sign Accords
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Brazil, Peru Presidents Sign Accords

Brasilia - Brazil's President Luiz Inacio Lula da Silva and Peru's Alan Garcia are to meet Tuesday in Rio Branco, capital of the Brazilian state of Acre, to sign several accords. A press release from the Brazilian Foreign Affairs Ministry states that the two statesmen will analyze bilateral subjects like border issues and trade integration, energy development, regional and international affairs.

Lula and Garcia will also attend the closing ceremony of the Brazil-Peru Managerial Forum, with attendance of nearly 200 businesspeople from the two nations, and ink several agreements on micro and small companies, public health, technical and professional teaching, agricultural research, and electrical inter-connection.

Marcelo Baumbach, spokesman of the Brazilian presidency, said at a news conference that the meeting will take place in a time of increasing rapprochement between the two countries, based on economic and trade projects and reinforcing bilateral integration.

Baumbach also stressed they are meeting for the first time in the capital of a bordering state, so the issues related to cooperation and development of the neighboring zone will be among the central topics of talks and accords the two heads of State will sign.

During the meeting, the statesmen will publish the Rio Branco Commitment, which includes new measures to encourage economic and trade exchange, border development, and energy integration, he noted.

Lula and Garcia will also determine steps to follow, aimed at eliminating obstacles in the commercial and economic flow between states and regions of the bordering strip.

Bilateral trade increased significantly in the last few years, from $724 million in 2003 to nearly $3.3 billion in 2008, while Brazilian investments in Peru have reached $2 billion.
 
 
 
 
 

 

 

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