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Natural resources rich Brazil plans to increase defence spending to 2% of GDP

Thursday, May 31st 2012 - 06:07 UTC
Full article 2 comments

Defence Minister Celso Amorim said on Wednesday Brazil’s growing need to protect its borders, the Amazon rainforest, and massive offshore oil discoveries would lead it to gradually increase defence spending by a quarter to reach roughly 2% of the country’s GDP. Read full article

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  • Boovis

    Is CFK goong to chastise them because they're supposed to ve operating in a peaceful area? No, thought not.

    May 31st, 2012 - 03:40 pm - Link - Report abuse 0
  • ChrisR

    Well, they will be in a peaceful area if they use Argentina as a partner for the C130 'replacement' as the aircraft construction knowledge in Argentina could best be described as a 'cottage industry'.

    I cannot think they even have the first notion between them as to how big the challenge is to do that OR the real cost it will take to achieve it.

    I would be impressed if they could come up with a good modern replacement for the Dakota that could work in both countries remote areas as well as being an export opportunity for Africa, etc.

    May 31st, 2012 - 07:49 pm - Link - Report abuse 0

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