EU-CELAC Summit, Santiago de Chile: extracts from the press conference by José Manuel BARROSO, President of the EC, Herman VAN ROMPUY, President of the European Council, and Sebastián PINERA, President of Chile
Lieu: Santiago, Chile
End production: 27/01/2013 First transmission: 27/01/2013
On 27 January, José Manuel Barroso, President of the EC, Herman Van Rompuy, President of the European Council, and Sebastián Pinera, President of Chile, held the final press conference of the EU-CELAC Summit, Santiago de Chile.
At the 6th EU-Brazil Summit the leaders agreed to set-up a joint committee that will help to further exploit the potential of bilateral trade and investment between Brazil and the EU. They also reaffirmed their commitment to deepen trade ties with the entire Mercosur common market.
In his statement following the summit, President Barroso said that one of the most important results of the discussions is the renewed shared commitment to conclude an Association Agreement between the EU and Mercosur (a Common Market shared by Brazil, Argentina, Uruguay, Paraguay and Venezuela) - an agreement that will be "comprehensive, balanced and ambitious," he said.
A concrete decision taken at the summit is an agreement to create an ad-hoc bilateral committee to evaluate the potential of economic relations between the EU and Brazil, particularly in terms of investment.
Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
||General view of press conference
||SOUNDBITE (in English) Herman Van Rompuy, President of the European Council: The fact that we have so important economic relations make our discussions today more relevant. Latin America is a key trading partner for us and the same is true for direct investments. We need more trade, more free trade and we have to avoid protectionism.
||SOUNDBITE (in English) José Manuel Barroso, EC President: We reiterate our commitment to avoid protectionism but there is also a reference to the need to provide legal certainty for economic operators. Indeed only with those conditions it will be possible to create conditions for investments of quality and for sustainable growth. That it is exactly what our citizens want.
||SOUNDBITE (in English) Miguel Piñera, President of Chile: And of course, we will do our part to transform these good intentions and good agreements in results complying and fulfilling 100% the action plan we have agreed. Because that is the only way we could be able to promote growth and get ride of this recession and create better and more jobs and at the same time increase the quality of life of our people.