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Mercosur Members aim to Reduce Poverty and Avoid Foreign Products

Posted On 29 Jun 2011

In the Mercosur Summit 41, held today in Asuncion, its member countries celebrated the economic growth in the region last year, pledging to “encourage economic development with social inclusion, through reducing poverty.”

The leaders of Brazil, Dilma Rousseff; Paraguay, Fernando Lugo; and Uruguay, Jose Mujica gathered in this assembly, while Hector Timerman, Argentina’s foreign minister and Rafael Ramirez, Minister of Energy and Petroleum of Venezuela, were representing the presidents of their countries.

This meeting highlighted the “consolidation of the region as one of the most attractive markets worldwide,” because last year the four MERCOSUR countries recorded an average growth of 8%. 

Meanwhile, Brazilian Finance Minister, Guido Mantega, said that the Mercosur countries should avoid being “invaded by countries that have nowhere to sell,” such as the U.S., European and Asian countries. (BG)

Source: Terra.com

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