{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='BRAZIL: RIO: CIMEIRA SUMMIT UNDERWAY' data-url='/boclips/videos/5c54c3bad8eafeecae16372a' data-video-url='/boclips/videos/5c54c3bad8eafeecae16372a' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nBRAZIL: RIO: CIMEIRA SUMMIT UNDERWAY\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eNatural Sound A two-day summit got underway in Rio de Janeiro, Brazil, Monday attended by four dozen European, Caribbean and South American leaders.The heads of state are there to discuss a new free-trade zone and relations between the...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eNatural Sound \u003cbr/\u003eA two-day summit got underway in Rio de Janeiro, Brazil, Monday attended by four dozen European, Caribbean and South American leaders.\u003cbr/\u003eThe heads of state are there to discuss a new free-trade zone and relations between the two continents.\u003cbr/\u003eDirect European investment in Latin America has risen sharply in recent years, doubling between 1996 and 1997 to reach 17 (b) billion U-S dollars. \u003cbr/\u003eOn Monday the European Union launched its challenge to the traditional economic and political dominance in Latin America of the United States.\u003cbr/\u003eSome four dozen heads of states from the E-U, the Caribbean and South America arrived in Rio de Janeiro for a two day summit that could forge new trade partnerships.\u003cbr/\u003eCreating a new trade zone is a long-term prospect, closely tied to World Trade Organization talks that will take years, but the leaders are anxious to start the process.\u003cbr/\u003ePrior to that, E-U nations are expected to open free trade talks with members of the Mercosur trade partnership made up of: Brazil, Argentina, Paraguay, Uruguay.\u003cbr/\u003eBolivia and Chile are associate members. \u003cbr/\u003eSummit talks will also try to devise ways of tightening control on the global movement of capital.\u003cbr/\u003eCountries such as Brazil and Chile contend that making it harder will reduce the world economy's volatility and curb the spread of financial crises.\u003cbr/\u003eBrazil was among the nations worst hit by the 1998 Asian financial crisis.\u003cbr/\u003eCapital flows from Europe to Latin American nations reached 73 (b) billion U-S dollars in 1997, up from 26 (b) billion U-S dollars two years earlier. \u003cbr/\u003eAnd direct European investment in Latin America doubled from 1996 to 1997, going to 17 (b) billion U-S dollars with Spain accounting for 33 percent.\u003cbr/\u003eBritain followed with 20 per cent and France with 14 per cent.\u003cbr/\u003eE-U exports to Latin America in 1997 reached 52.4 (b) billion U-S dollars - double the 1987 amount.\u003cbr/\u003eRio de Janeiro, Brazil - 28 June 1999\u003cbr/\u003e1. French President Jacques Chirac.\u003cbr/\u003e2. Cut away to more delegates arriving \u003cbr/\u003e3. Jacques Chirac walking into the museum\u003cbr/\u003e4. Dutch Prime Minister Wim Kok arriving for summit\u003cbr/\u003e5. Robin Cook, British Foreign Minister, arriving\u003cbr/\u003e6. Jacques Chirac with Fernando Henrique Cardoso \u003cbr/\u003e7. German Chancellor Gerhard Schroeder arriving \u003cbr/\u003e8. Cut away to President Henrique Cardoso\u003cbr/\u003e9. Spanish Prime Minister Jose Aznar arriving\u003cbr/\u003e10. Arrival of further delegates \u003cbr/\u003e11. Chilean president Eduardo Frei\u003cbr/\u003e12. Argentinean president Carlos Menem \u003cbr/\u003e13. Cut away of delegates \u003cbr/\u003e14. Cut away to Wim Kok\u003cbr/\u003e15. Cut away of summit hall\u003cbr/\u003e16. Cut away to Irish delegate \u003cbr/\u003e17. Henrique Cardoso\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"3.5 out of 5 stars\" role=\"img\"\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid 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class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eDate\u003c/dt\u003e\n\u003cdd\u003e1999\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003ci aria-hidden='true' class='fai fa-solid fa-language'\u003e\u003c/i\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eAudiences\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?audience_ids%5B%5D=371079\u0026amp;grade_ids%5B%5D=259\u0026amp;search_tab_id=1\"\u003eFor Teacher Use\u003c/a\u003e\u003c/span\u003e\u003c/dd\u003e\u003cdd class=\"text-muted\"\u003e\u003ci class=\"fa-solid fa-lock mr5\"\u003e\u003c/i\u003e2 more...\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='concepts-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='concepts-heading'\u003eConcepts\u003c/h2\u003e\n\u003cdiv class='clearfix'\u003e\n\u003cdiv class='details-list concepts' data-identifier='Boclips::VideoDecorator' data-type='concepts'\u003echile, brazil, europe, north america, south america, business, economy\u003c/div\u003e\n\u003cdiv class='concepts-toggle-buttons' data-identifier='Boclips::VideoDecorator'\u003e\n\u003cbutton aria-expanded='false' class='more btn-link' type='button'\u003e\n\u003cspan\u003eShow More\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-down ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003cbutton aria-expanded='true' class='less btn-link' style='display: none;' type='button'\u003e\n\u003cspan\u003eShow Less\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-up ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='additional-tags-heading' class='rp-info-section'\u003e\n\u003ch2 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