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Montevideo, November 5th 2024 - 12:35 UTC

Tag: weapons makers

  • Thursday, April 4th 2019 - 09:21 UTC

    Weapons makers encouraged with the Brazilian market by pro-gun Bolsonaro

    Some 450 Brazilian and foreign companies have the latest weapons technology on display on display at the four-day LAAD defense and security expo

    With its high murder rate and huge armed forces, Brazil has long been in the cross-hairs of foreign weapons makers. Now they have a powerful champion: pro-gun President Jair Bolsonaro. The right-wing former army captain, who relaxed gun ownership laws soon after taking power in January, has raised hopes among foreign firms that his next move will be easing investment restrictions on Brazil's 200 billion reais (US$55 billion) defense sector.