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Brazil and Chile Strengthen Ties While Condemning Global Trade Wars

Brazil and Chilean presidents condemned global trade wars and U.S. protectionism while promoting regional unity. Their discussions led to new bilateral agreements and plans for a bi-oceanic corridor, demonstrating a commitment to deepening ties and economic collaboration.

In a recent press conference, Brazilian President Luiz Inácio Lula da Silva and Chilean President Gabriel Boric stood firm against global trade wars, reaffirming a resolve for multilateralism and solidarity among South American nations. Both leaders didn’t hold back their criticism of U.S. protectionist measures, highlighting the need for stronger collaboration within the region. Lula also raised concerns over Latin America missing out on technological advancement compared to other nations, implying that U.S. trade policies play a significant role in this disparity.

During the same conference, Boric reinforced Chile’s stance against what he termed the “politicization of trade,” championing strategic autonomy in international matters. He stated boldly, “We believe in friendship among South American countries and free trade that benefits our people.” This commitment to unity and free trade reflects their broader vision for regional growth.

Boric pointed out the thriving trade relationship between Chile and Brazil, mentioning that their economic exchanges now surpass what Chile has with many European countries. The two countries envision expansive growth in areas like technology, investments, and finance, which are pivotal for their development.

In an effort to deepen ties, the leaders announced several new bilateral agreements. These cover a range of sectors including defense, public security, agriculture, culture, and entrepreneurship. Boric is also gearing up to attend the BRICS summit in Rio de Janeiro this July, following an invitation from Lula, highlighting a strong sense of cooperation.

Another significant point made by the leaders was regarding the bi-oceanic corridor project, which aims to link Brazil’s Atlantic coast with Chile’s Pacific ports through northeastern Argentina and Paraguay. They stressed that this infrastructure project is a testament to their advancing relationship and commitment towards regional connectivity and development.

In summary, the meeting between presidents Lula and Boric marks a critical step in strengthening South American solidarity against global trade challenges. Their emphasis on mutual cooperation, technological development, and extensive bilateral agreements signals a powerful shift toward regional unity and strategic independence. With plans for the bi-oceanic corridor and participation in international summits, both leaders are positioning their nations for future growth amidst changing global trade dynamics.

Original Source: menafn.com

Nina Patel

Nina Patel has over 9 years of experience in editorial journalism, focusing on environment and sustainability. With a background in Environmental Science, she writes compelling pieces that highlight the challenges facing our planet. Her engaging narratives and meticulous research have led her to receive several prestigious awards, making her a trusted voice in environmental reporting within leading news outlets.

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