
Brazil’s President Luiz Inácio Lula da Silva and Chile’s president-elect José Antonio Kast held their first bilateral meeting in Panama on Tuesday, shortly after arriving for the International Economic Forum for Latin America and the Caribbean — an event promoted by organizers and regional media as a “Latin Davos.”
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Brazil’s President Luiz Inácio Lula da Silva held a phone call on Monday with U.S. President Donald Trump, in a nearly hour-long conversation that blended global governance issues with the bilateral agenda. Brazilian media, citing Planalto Palace sources, reported that Lula argued Trump’s proposed “Peace Board” should be restricted exclusively to the future governance of the Gaza Strip and should also contemplate the creation of a Palestinian state—an approach those sources said Trump does not share.
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Brazilian President Luiz Inácio Lula da Silva said on Friday that global politics is entering a critical phase in which “multilateralism is being thrown out by unilateralism,” and argued that US President Donald Trump is effectively proposing “to create a new UN in which he alone is the owner,” referring to Washington’s plan to set up a Peace Council tied to the administration of Gaza.
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Petrobras, through its logistics subsidiary Transpetro, signed contracts worth R$2.8 billion (around US$570 million) on Tuesday for the construction of five gas carriers, 18 pushboats and 18 barges at shipyards in Rio Grande do Sul, Amazonas and Santa Catarina, as part of a government-backed effort to revive Brazil’s shipbuilding industry and reduce reliance on chartered vessels.
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Uruguayan President Yamandú Orsi expressed disapproval over the absence of Brazilian President Luiz Inácio Lula da Silva during the signing of the landmark free trade agreement between the European Union (EU) and the Mercosur bloc, held in Asunción on January 17.

The European Union and South America’s Mercosur bloc signed their long-negotiated association and free trade agreement on Saturday in Paraguay, with Argentina’s President Javier Milei attending the ceremony and Brazil’s Luiz Inácio Lula da Silva absent, represented instead by his foreign minister.

Brazilian President Luiz Inácio Lula da Silva and European Commission President Ursula von der Leyen agreed on Friday that the free trade agreement between Mercosur and the European Union (EU), due to be signed Saturday in Asunción, will benefit global trade, democracy and multilateralism, EFE reported.

Brazil has enacted two laws formalizing the transfer of military aircraft and equipment to Uruguay and Paraguay, as part of an initiative to upgrade operational capabilities of neighboring countries and enhance regional security, Agência Brasil reported.

US President Donald Trump announced on Monday that any nation conducting business with Iran will face a 25% tariff on all trade with Washington, thus crushing earlier celebrations by Brazil's Luiz Inácio Lula da Silva, whose government proudly announced a substantial trade surplus with Tehran, totaling US$2.8 billion in 2025, driven by corn and soybeans.

Brazilian President Luiz Inácio Lula da Silva pulled his country's diplomats from the building that was once Argentina's Embassy in Caracas, but which had been placed under Brasilia's care when Javier Milei severed all ties with the Nicolás Maduro totalitarian regime.