Merkel meets Brazilian President Rousseff
German Chancellor Angela Merkel (CDU) has called for the first German-Brazilian intergovernmental consultations in Brasília reliable investment conditions. Trade between the two largest economies in Latin America and Europe as well as the German investments in Brazil could grow further, Merkel said in the Brazilian capital. “German companies are then willing to invest even more in Brazil,” Merkel said.
Author: Matthias Rüb, correspondent for Latin America, based in São Paulo
The Chancellor came on Thursday morning with representatives of German companies. From the recession in Brazil also present in the country German companies are affected, especially the German automobile companies, had the 2015 compared to last year suffered sales slumps of more than 20 percent.
The Brazilian government had submitted before Merkel’s visit a rescue package for the ailing auto industry in the country with a capacity of around 805 million euros converted. Benefit from the package also German automakers such as Volkswagen, Audi, Mercedes and BMW, operate all the production sites in Brazil and have again invested just in the past few years billion.
The focus of the consultations were in addition to the economic relations of the climate and environmental protection, and cooperation in science and research. The Chancellor stressed the importance of Brazil in the global effort to reduce greenhouse gases and to protect forests.
A commitment of Brazil in a significant reduction of emissions before the climate change conference in December in Paris would have convinced the federal government send a signal to Latin American countries and other emerging economies. A national target for reduction of greenhouse gas emissions would submit Brazil but only in September, Merkel said.
The Chancellor said the efforts of the Brazilian government well to advance the stalled negotiations on a free trade agreement between the EU and the South American confederation Mercosur. It is desirable that some countries of the two alliances States taken the path to the free exchange of goods and services at different rates.
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