There is a very simple reason for Brazil's interest in making investments in Central America: it can be used as an export platform for the US and European markets.
The government will formally inaugurate an investment incentive program for Central America and the Caribbean (Programa de Incentivo aos Investimentos Brasileiros na América Central e Caribe) (Pibac). at the Brazil-Central American Integration System summit in Guatemala on September 12 and 13, which will be attended by President Luiz Inácio Lula da Silva.
The Pibac is being rolled out against the backdrop of the recent trade treaties between the US and Central America/Caribbean, known as CAFTA. In January 2006, when CAFTA goes into effect, 99.8% of the region's exports will have a zero import tariff for the US market.
"Brazil continues to be interested in the Americas Free Trade Agreement (FTAA), but while it is still in the pipeline, we will take advantage of CAFTA to achieve market access," explains Mário Vilalva of the Foreign Ministry's Commercial Promotion Department.
Meanwhile, in Brazil the Pibac will get to work educating the Brazilian export community on the advantages of internationalization.
"In the case of Central America, Brazil can be competitive in the area of capital goods. So, the idea is to invest in order to make capital goods there, and then export them," explained Vilalva.
Brazil received a huge boost in its international image with its selection as the host of the 2016 Olympics, but it was really just the cherry on top of the overall recognition of the country's ascension to the ranks of one of the world's most important countries. Now, as it finally takes its place on the world scene, there has been a great deal of concern about what kind of image Brazil hopes to project, now that the world is really paying attention.
The only good thing to say about the visit to Brazil of Iran's president, Mahmoud Ahmadinejad, on Monday November 23, is that it was mercifully short and lasted less than 24 hours. Ahmadinejad had his picture taken being hugged by president Luiz Inácio Lula da Silva who gave him a warm welcome and said Iran had every right to develop nuclear energy for peaceful purposes.
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Some sectors of the fight against AIDS have suggested that Thabo Mbeki, the former president of South Africa, committed genocide through his absence from the fight against the illness in his country throughout his two terms.
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Depletion of the Amazon Rainforest is not a new concern facing environmentalists, biologists, ecologists, and a growing number of the Amazonian indigenous peoples. For decades they have feared for the fate of the world's most biologically diverse and species-rich hothouse.
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