Brazil’s unity with India ‘crucial’ for world trade talks
Brazil and India must "remain united" if they are to counter attempts to split developing countries at world trade talks, an expert has said.
Atul Kaushik, a former senior official at the Indian commerce ministry, told The Economic Times that as the US and EU have attempted to create divisions within the Group of 20 developing nations (G-20), the two countries must put their differences aside for the talks at the World Trade Organisation.
"India and Brazil are the two developing countries at the centre table, and they will be taken seriously only if they remain united," he said.
Mr Kaushik, who now heads international trade body CUTS, claimed the two nations have differing interests in agriculture, particularly regarding farming, which may cause difficulties.
In other news relating to the Brazilian economy, Amberland has reported that commercial and institutional investors who bought into projects in the country have seen high returns in recent months – a trend which may interest people keen to invest in property in the Latin American nation.
