The Brazilian government is tightening a law that restricts the amount of land foreigners can buy. The decree prohibits non-Brazilians from buying controlling shares of companies that own vast tracts of territory in the country, Brazilian Attorney General Luiz Inacio Adams said in a statement this week.
Brazil’s powerful Federation of Industries of Sao Paulo State (Fiesp) is set to create a Chinese Studies Centre in partnership with the federal government, the president of the federation said in Sao Paulo.
Rio do Janeiro governor Sergio Cabral said he expects US president Barack Obama to announce during his trip to Brazil that he supports Brasilia’s aspiration to hold a seat in a reformed UN Security Council.
When US president Barack Omaba lands in Brazil next Saturday the emphasis of the visit will be on deepening economic relations and potential business opportunities, but Brazil has made it plain clear that any free trade talks with the United States can only take place in the framework of Mercosur.
Citing an opportunity to advance national security, economic competitiveness and public diplomacy, the U.S. Travel Association has urged President Obama to discuss prospects for including Brazil and Chile in the Visa Waiver Program (VWP) when he visits South America this month.
The Brazilian government said GDP is expected to grow by more than 5% a year through 2014. The Finance Ministry says in a release argued that increased long term investments by the private sector will be fundamental in achieving the projected growth.
US President Barack Obama's trip to Brazil, Chile and El Salvador beginning this week is still on, despite fears of a nuclear disaster in Japan and turmoil in the Middle East, officials said on Wednesday.
US ambassador in Brazil Thomas Shannon downplayed differences between Washington and Brasilia saying that coincidences are far greater and will be the core of discussions during the coming visit of US president Barack Obama next week end.
Brazil imports too many knick-knacks from China complained Brazilian president Dilma Rousseff, who next month makes an official state visit to the Asian giant, according to reports in the Sao Paulo press
Brazilian Armed Forces military equipment is ‘obsolete’ and not in condition to be displayed in case of a conflict according to an official reports published Sunday the Folha de Sao Paulo.