Brazil and Chile Forge Stronger Ties Amidst Global Trade Challenges
Brazil and Chile pledge unity against global trade wars, criticizing U.S. protectionism while expanding bilateral ties. New agreements were announced and the leaders discussed a bi-oceanic corridor project connecting their nations. Boric accepted an invitation to the upcoming BRICS summit in Rio de Janeiro.
In a significant display of regional unity, Brazilian President Luiz Inácio Lula da Silva and Chilean President Gabriel Boric gathered for a press conference on Tuesday, voicing strong opposition to global trade wars. Both leaders emphasized the need for multilateral cooperation and criticized the protectionist approach taken by the United States. Lula was particularly vocal about the necessity of strengthening regional institutions, reflecting on Latin America’s technological gap compared to more developed nations and hinting that U.S. economic policies might be a major contributing factor.
President Boric supported Lula’s statements, condemning what he termed the “politicization of trade” and underscoring Chile’s desire for strategic independence in international affairs. He stated, “We believe in friendship among South American countries and free trade that benefits our people.” This sentiment echoed throughout the meeting as both leaders celebrated the growing trade relationship between their nations, which has surpassed Chile’s trade volumes with several European countries.
New bilateral agreements were announced that cover various sectors, including defense, public safety, agriculture, culture, and entrepreneurship. Additionally, Boric accepted Lula’s invitation to participate in the upcoming BRICS summit in Rio de Janeiro, scheduled for July 6-7. This gathering of emerging economies is seen as another step in reinforcing their ties.
Both presidents also highlighted the advancement of a bi-oceanic corridor project. This ambitious initiative aims to connect Brazil’s Atlantic coast with Chile’s Pacific ports, passing through northern Argentina and Paraguay. The leaders articulated that such infrastructure development is vital for enhancing economic collaboration between their nations and is a symbol of their deepening partnership.
To sum it up, the press conference between Presidents Lula and Boric represents a clear commitment to fostering regional unity amid rising global trade tensions. Their criticisms of U.S. protectionism, coupled with the announcement of new agreements and initiatives, are steps toward enhancing trade relations between Brazil and Chile. The upcoming BRICS summit and the bi-oceanic corridor project further signify their strategic intentions for greater cooperation in South America.
Original Source: menafn.com
