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The 10th anniversary of the Brazil-European Union Strategic Partnership, established by the Lisbon Declaration on July 4th 2007, is celebrated today.

In this decade, investments have grown from one side to another: the European Union is the largest investor in Brazil, and Brazil is now the fifth biggest investor in the European Union. Both are important trading partners, with a bilateral trade reaching more than US$ 30 billion between January and June of this year – Brazilian exports have totaled US$ 16.85 billion and imports summed to US$ 15 billion.

The celebration of the tenth anniversary of the Strategic Partnership happens at an important moment for the future of bilateral relations, with the strengthening of negotiations of the Mercosur-European Union Association Agreement in the first term of this year,  when Brazil assumes the pro tempore Presidency of Mercosur.

Brazil and the European Union are traditional allies in protecting multilateralism and democratic values, promoting international peace and security, expanding trade and removing trade barriers, creating jobs and fostering competitiveness and innovation.

Relations between Brazil and the European Union combine the strength of tradition and the constant drive for renewal. Cooperation in global issues, science and innovation, information and communication technology, energy, human rights, climate change, sustainable development and economic issues has deepened over the past ten years.

Brazil was one of the first countries to establish diplomatic relations with the then European Economic Community in 1960, and is convinced that the Brazil-European Union Strategic Partnership will continue to increase in the coming years, with renewed and growing real benefits for our societies.


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