Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of GraphSearch.
Concept
Brazil–European Union relations
Summary
Brazil and the European Union established diplomatic relations in 1960. The European Union and Brazil have close historical, cultural, economic and political ties. At the 1st EU-Brazil summit, in 2007, Brazil entered in a strategic partnership with the European Union, strengthening their ties. This new relationship places Brazil high on the EU's political map.
The present relationship is governed by the EC-Brazil Framework Cooperation Agreement (1992), EU-Mercosul Framework Cooperation Agreement (1995) and the Agreement for Scientific and Technological Cooperation (2004). The EU is currently seeking a free trade agreement with Mercosur, the regional trade bloc of which Brazil is a part.
The EU is Brazil's leading trade partner and represented 18.3% of Brazil's total trade in 2017. In 2007, the EU imported €32.3 billion in Brazilian goods and exported €21.2 billion in goods to Brazil. Brazil's exports to the EU are mainly primary products (primarily agricultural) however a third is made up of manufactured products. The EU's exports to Brazil are mainly manufactured machinery, transport equipment and chemicals. In terms of goods, Brazil has a trade surplus with the EU; however including services it has a deficit. The EU is also a major investor in Brazil with investment capital amounting to €88 billion in 2006 making it the largest single investor in the country.
Brazil and the EU share a 673 km border between the state of Amapá and the French overseas department of French Guiana. The cross-border cooperation between the two countries has enjoyed increased vitality. This cooperation makes it possible to better integrate French Guiana into its geographical environment, to respond to the concerns of both parties about the various cross-border risks, to encourage human exchanges and trade and to develop the economy of the Amazon region, respecting the local populations and extraordinary environment. The granting to France, on the initiative of Brazil, of observer status within the Amazon Cooperation Treaty Organization, will strengthen this cooperation.
About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.