Sign up | Log in



Home  >>  Daily News  >>  ASEAN ANALYSIS


Asean Affairs   25 February 2014

7th EU-Brazil Business Summit: taking the strategic partnership one step further

Following the political Brazil-European Union Summit in Brussels, representatives of European institutions, Brazilian authorities and business leaders gathered to commit to a Plan of Action on Investment and Competitiveness.

Resulting from one year of bilateral work between EUROCHAMBRES, BUSINESSEUROPE, the National

Confederation of Industry-Brazil (CNI) and governments from both sides, the plan presented at the

Business Summit reflects their endorsement of the priorities set and a joint commitment to expand the

partnership and exploit complementarity between the two regions.

“Today?s Business Summit underlines both sides’ commitment to making the EU-Brazil Partnership a  truly strategic one. The ingredients for upgrading the quality of our relationship are: swift progress in the

bi-regional trade talks, improving our investment climate, cutting red tape, stimulating technological exchange and putting in place the right incentives for our SME?s to trade and invest more in our

respective markets" – according to Richard Weber, President of EUROCHAMBRES.

Since its launch in 2007, the EU-Brazil Strategic Partnership has been a bridge for bilateral dialogue.  Business leaders from the EU and Brazil expect to enhance the partnership through a series of actions

such as making firm commitments to fight against protectionist tendencies, stimulating cooperation in the area of innovation, promoting SME internationalisation.

EUROCHAMBRES, BUSINESSEUROPE and CNI are engaged in promoting dialogue among business communities and supporting bi-regional talks as well, such as the EU-Mercosur Association Agreement.

“Brazil is a key trade and investment partner of the EU and our economic relationship is a complementary one. Both sides have the ambition to make more of this potential. The most promising approach would be

the conclusion of the free trade negotiations between the wider Mercosur region and the EU. However if  no progress can be achieved in these EU-Mercosur negotiations, both parties should seriously consider

alternative ways to remove barriers and enhance trade and investment between the EU and Brazil” – said

Markus J. Beyrer, Director General of BUSINESSEUROPE.

The three organisations believe that although the economic contexts are different, they are still complementary. The EU?s future growth and competitiveness will depend heavily on its strategic relations

with key trading partners such as Brazil.

“Europe remains our largest trade and investment partner and the EU is the second largest investment  location for Brazilian companies. Therefore, the bilateral relation with EU is top of CNI?s international

agenda. If we want a strong and long term economic partnership, it needs to be win-win and it needs to rely on trade but also on investment and on regulatory cooperation” – stressed Robson Braga de

Andrade, President of CNI.

Plan of Action

At the core of the joint declaration signed by the presidents of EUROCHAMBRES, BUSINESSEUROPE, CNI and the heads of EU institutions, the President of the European Commission Jos? Manuel Barroso,

the European Council President Herman Van Rompuy and Brazilian President Dilma Rousseff, this Plan  of Action aims to foster a positive and cooperative competitiveness agenda, through concrete priorities for different sectors, such as:

• Investment: intensifying two-way investment and technology flows, following the creation of a favorable investment climate in both regions;

• Regulatory cooperation: enhancing international harmonisation between regulators, through mutual recognition agreements on conformity assessments and standards;

• Cooperation for competitiveness: developing joint projects in important industries such as oil and gas, renewable energy and tourism and raising awareness of corporate social responsibility;

• Industrial Innovation and Research: reinforcing the impact of cooperation in the field of information and communication technologies and investing in innovation and sustainable technologies;

• Small and medium-sized entreprises (SMEs): promoting transparency, predictability, reduced red tape and lower administrative burdens in strategic areas, protecting intellectual property rights, recognising SMEs’ role as key players on job creation for both economies.

The Business Summit was organised by EUROCHAMBRES, BUSINESSEUROPE and the National Confederation of Industry-Brazil (CNI), with the support of the Brazilian Trade and Investment Promotion

Agency (ApexBrasil).

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    February 25, 2014 Subsribe Now !
• Thai army chief speaks his heart out, hoping for way forward for kingdom Subcribe: Asean Affairs Global Magazine
• One dead, 34 injured from attacks at Trat's PDRC stage
• Changi Airport: Operating indicators for January 2014
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Millions of Myanmar migrant workers in Thailand at risk
• Trade deficit touches $1.2b in Feb
Asean Analysis                    25 February  2014 Advertise Your Brand

• Asean Analysis-February 25, 2014
7th EU-Brazil Business Summit: taking the strategic partnership one step further
The Biweekly Update
• The Biweekly Update  February 21, 2014
• Asean Analysis-February 25, 2014
Malaysia: High Court decision curtails lawyers’ freedom of expression
Asean Stock Watch    24 February 2014
• Asean Stock Watch-February 24, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand