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International affairs

EU-Brazil

Background

During the First EU-Brazil Summit held in Lisbon on 4 July 2007, the EU agreed to build a Strategic Partnership with Brazil.  A Joint Action Plan (JAP) was endorsed during the Second EU-Brazil Summit in Rio de Janeiro on 22 December 2008.

The JAP provides an opportunity to establish a bilateral dialogue with Brazil on regulatory frameworks.  Since Brazil is the largest country of the Mercosul region, advances in this area would serve to facilitate future progress on regulatory frameworks between the EU and Mercosul, in the event that Mercosul moves towards the adoption of common rules and standards. 

A stronger dialogue with Brazil can achieve a double result: improve the conditions for investment and trade in our economic interest, and facilitate EU-Mercosul dialogue and negotiations. 

A revised JAP was adopted at the Fifth EU-Brazil  Summit on 4th October 2011 and  covers the period 2011-2014.

EU-Brazil Business Summits

The JAP also foresees the regular organization of EU-Brazil Business Summits, with the involvement of SMEs, with a view to reinforcing business to government dialogue. So far seven Business Summits have taken place.

EU-Brazil Regulatory and Industrial Policy Dialogues

Pilot sectoral industrial and regulatory dialogues have been created to complement the relevant EU-Mercosul discussions. They cover: textiles and clothing, forest-based industries, steel, non-ferrous metals and minerals. Terms of Reference for these Dialogues pdf - 250 KB [250 KB] were officially signed on 14 September 2009 and  first meetings were successful.

 

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