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September 14, 2006 [LINK / comment]

Brazil - India trade deal

Indian Prime Minister Manmohan Singh and President "Lula" da Silva signed some major trade agreements focusing on technology and development of alternative energy sources during a visit by Singh to Brazil this week. Bilateral trade between those countries has quadrupled in the past six years, but at only $2 billion a year, it pales in comparison to their trade relationships with other countries. See BBC. Since both are on a similar path of industrialization thanks in great measure to a large, very productive work force, however, it is hard to see what kind of trade complementarities they might be able to exploit. They do share common political aspirations. Those two countries are the true giants of the "Third World," and each has achieved a considerable degree of economic development in the past two decades, in effect "graduating" from Third World status. Along with Nigeria, they are considered serious prospects for eventual inclusion as permanent members of the U.N. Security Council.

Posted (or last updated or commented upon): 14 Sep 2006, 7: 56 PM

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Blog highlights have been compiled for the years 2010-2012 thus far, and eventually will be compiled for earlier years, back to 2002.


The "home made" blog organization system that I created was instituted on November 1, 2004, followed by several functional enhancements in subsequent years. I make no more than one blog post per day on any one category, so some posts may cover multiple news items or issues. Blog posts appear in the following (reverse alphabetical) order, which may differ from the chronological order in which the posts were originally made:

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