Brazil offers to supply energy and agricultural products – Economy

Brazil offers to supply energy and agricultural products – Economy

The Brazilian Economy Minister, Paulo Guedes, emphasized that his country could be the “solution” for Europe to solve its geostrategic problems of energy supply and agriculture after the war in Ukraine.

In an interview with the Spanish agency Efe, Paulo Guedes emphasized that Brazil can guarantee “security” in the supply of these raw materials, at a time when “everyone is recalculating the geopolitical risks” after the war in Ukraine.

The government official stressed that Brazil must become more important at a time when different regions of the world are analyzing a possible “industrial transport” to avoid problems with logistics, transportation or shortages of products, such as semiconductors. Paulo Guedes said that industrial investments previously made in Asia “can now be transferred to Latin America,” noting that the West has a very close history and relations with that region in which countries such as Spain and Portugal have played a leading role.

At a time of “shadows” in international politics and given the problems and dependence of the Old Continent on Russian gas, fertilizers, oil or grain produced in Ukraine, the Minister indicated the possibility of “Brazil taking its place” as a producer of raw materials, raw materials and basic agricultural food products, such as corn, in an environment Economic and organizational have already been enjoyed by Spanish companies such as Telefónica, Santander, Iberdrola, Mapfre, Acciona and Repsol, among others.

The minister insisted his conviction that in the coming years Brazil would be an “investment and development hub” for Europeans, at a time when the country could “absorb the investment that successfully arrives” and supply raw materials, products and energy to European countries. rest of the world.

Brazil is in the process of privatizing national companies and will apply tax incentives to attract investment, with regulatory stability and “guaranteeing respect for contracts”, emphasized Paulo Guedes in an interview with EFE.

The Brazilian government official also stressed that the Brazilian government “will promote and invest in the exploitation of clean energies that care for the environment” and calls for an analysis of energy dependence problems in Russia and the potential of some Latin American countries.

Paulo Geddes is visiting Europe for meetings with French and Spanish government authorities, businessmen and executives.

In its official agenda, the organization intends to deal primarily with the process of Brazil’s accession to the Organization for Economic Co-operation and Development (OECD), which is headquartered in Paris.

Russia launched a military offensive in Ukraine on February 24 that killed at least 1,179 civilians, including 104 children, and injured 1,860 people, including 134 children, according to the latest United Nations data, which warns of the possibility of the true number of civilian casualties. much higher.

The war has caused more than 10 million people to flee, including more than 3.9 million refugees in neighboring countries and some 6.5 million internally displaced people.

The United Nations estimates that about 13 million people are in need of humanitarian assistance in Ukraine.

The international community in general condemned the Russian invasion, and responded by sending weapons to Ukraine and strengthening economic and political sanctions against Moscow.