Investing in Brazil Is Investing in South America, Says Lula

Talking in São Paulo, where he took part in the Brazil & Partners: Investment Opportunities meeting, Brazilian President Luiz Inácio Lula da Silva pointed out that investing in Brazil is also a way to invest in South America.

Addressing an audience of investors from 28 countries, Lula considered that South America is undergoing an integration process and mentioned various projects underway in the region, such as the construction of bridges, natural gas pipelines, hydroelectric plants, and highways between countries.

"We are carrying out one of the 21st century’s most important continental integration projects in the world."

He went on to say: "Investing in Brazil nowadays, unlike in the past, also means participating in a virtuous cycle of projects and opportunities hitherto absent in the formation of the region."

Lula said that Brazil spurns any attempt at hegemonic leadership in the integration process.

"Our optimism is based on the firm ground of studied decisions and a victorious process. We are making a benign transition from a past marked by stagnation to a cycle of genuine economic and social development."

ABr

Tags:

You May Also Like

Middle East and Asia Lead Brazil to New Record in Chicken Exports

Once again the Middle East was the leading market for Brazilian chicken overseas. Exports ...

Just Passing Through

Foreigners feel they would never be able to live like Brazilians and cannot understand ...

For One Week Brazilian City Becomes Lingerie Capital of the World

Around 20,000 people are expected at the 14th edition of the Brazilian Underwear Fashion ...

Justice for One. In Brazil, Drug War Goes On.

{mosimage}The execution of a TV reporter by a drug trafficker sent shockwaves through Brazil. ...

Brazil Asks for Arrest of Woman Who Murdered American She Met on the Internet

The Brazilian police have indicted a Brazilian woman for kidnapping and then killing an ...

In Brazil, When Things Go Wrong They Just Blame the Press

Salvador, Bahia, commemoration event of the Holocaust organized by the Brazilian Jewish community in ...

Brazil Tells the World in Paris How Its Zero Hunger Program is Working

The Brazilian minister of Social Development and Hunger Alleviation, Patrus Ananias, will give a ...

Brazil to Discuss Trade Tariff Reduction at Summit of South in Doha

The reduction of trade tariffs between developing countries will be one of the themes ...

What Brazil Has to Teach the U.S. on Oil and Biofuel

The Brazilian ambassador to the United States, Roberto Abdenur, affirmed Monday, October 10, in ...

The Brazilian Shining Success of Six Foot Halo

In addition to their US following, Six Foot Halo has managed to build a ...