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LatinNews Regional Monitor: Brazil & Southern Cone - 21 October 2019

In brief: Brazil to seek investments in Asia

* Brazil’s President Jair Bolsonaro has set off on a ten-day trip which will take him to Japan, China, the United Arab Emirates (UAE), Qatar and Saudi Arabia in search of commercial partnerships and investments. Representatives from the foreign ministry explain that the trip will help reposition Brazilian foreign policy and present a country open for business and attractive to investors. Last week, a meeting between representatives from Brazil and Japan in São Paulo had already served to reaffirm links between the two countries, with Brazil’s special secretary for productivity, Carlos da Costa, highlighting the opportunities for investment in infrastructure, while Japan’s deputy minister for international affairs in the economy ministry, Shigehiro Tanaka, reportedly expressed Japan’s support to Brazil’s bid to become a member of the Organisation for Economic Co-operation and Development (OECD) and for the pursuit of a trade deal with the Southern Common Market (Mercosur).

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