BrasilAdmin.com

           Yep, they have some problems, but they are, by far, more easy to resolve then the other BRICs. Let’s take China for a moment. China has a very strong academic body, dealing with the “state of the art” technology. But few people remember that the Chinese have a major problem: their astonishing amount of “people to feed”. Besides, the ability to feed people doesn’t come alone; it’s only possible if you have a strong and very capable team, motivated and focused, with a extremely strong infra-structure. And that is exactly the Achilles’ point of the Chinese.

So, putting it all together, Brazil is in a very good momentum, and EU is not. And that’s is so true that, in fact, the Brazilians feel quite skeptical about this possible bilateral agreement. It’s a very strong sign of the times we live today.

Nevertheless, the real case here is that both blocks need that boost, but for very different reasons. Mercosul is stagnated, with not so strong members, aside from Brazil, of course, and with very problematic countries, like Colombia, Venezuela and Bolivia, just to mention a few of them. Therefore, a new relationship with EU could be a good thing in order to put the whole block in a productive direction.

From the quasi-broken EU perspective, after the US 1 trillion bail effort, they desperately need ways of supporting their economies, should it be with Brazil, China or who else. Better with Brazil and Mercosul.  Indeed, the biggest South American country passed through 2008’s turmoil virtually unharmed. And why? Because he didn’t play that much with toxic papers and not because he didn’t want, but because he was a minor player, almost an outsider. Luck him!

In conclusion, we can see that, despite the French’s opposition (backed by other few EU countries), a bilateral agreement between these two significant blocks is a vital move for them and their future as such. Specially to the Europeans.