The Brazil-Russia Romance: Lula Flying to Moscow Twice This Year

Medvedev and Lula A senior Russian Foreign Ministry official announced this Wednesday, February 11, in Moscow, that Brazilian President Luiz Inácio Lula da Silva will be visiting Russia twice this year.

The visits are part of the two emerging market countries' efforts to step up cooperation in world affairs and the global economy, as well as withstand the current financial crisis and promote bilateral trade.

Russian President Dmitry Medvedev's visited Brazil last November as part of a policy to re-establish closer political and trade links with the region and particularly Brazil that is the largest economy in Latin America.

"We have two visits by the Brazilian president planned for this year," Alexei Yermakov said, speaking after a Russian-Brazilian business seminar, adding that Lula is scheduled to attend a summit of BRIC nations – Brazil, Russia, India and China – possibly in the Urals, and has also plans for an official state visit.

The diplomat did not say when the visits would take place but earlier reports anticipated the BRIC summit would be held in June.

Last November Russia and Brazil that is in the process of overhauling its Armed Forces equipment, signed several agreements, including military technology cooperation and mutual visa-free travel for short trips.

Trade between Russia and Brazil reached US$ 6.7 billion last year, up 28% on 2007, and is expected to hit US$ 10 billion "in the near future," according to figures mentioned during discussions at the business seminar.

Brazil sends mostly agriculture produce, food, tobacco and some industrial goods while Russia supplies fertilizers, metals and machinery.

Mercopress

Tags:

  • Show Comments (1)

  • falupa

    Another supplier for Russian Military
    This is great! The Russian government is going to make Brazil another supplier to their military equipment. This is what they did with Venezuela a couple of months ago. It is going to be interesting to see what happens in the future.

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Mercosur Gets Two New Partners in Brazil

The adesion of Ecuador and Venezuela as regular Mercosul Associated States became official during ...

Despite Crisis Brazil to Invest US$ 9 Billion in New Ethanol Plants in 2009

Whatever hardships the next sugarcane crop may undergo "the solidness of the sector fundamentals ...

Brazil TAM to Fly Non-Stop from Rio to New York and Miami

Starting September 19, Brazilian airline TAM will fly direct from Rio de Janeiro to ...

Brazilians Having a Hard Time Getting Out of Egypt

Brazilians in Egypt are having difficulties getting out of the country where daily demonstrations ...

In 20 Years, Death of Young Brazilians Grows from 30 to 55 per 100,000

The number of young people murdered in Brazil nearly doubled in a little over ...

‘We Share Same Objectives,” Says Bush Referring to Brazil’s Lula

In an interview with a group of journalists, prior to his departure for Argentina, ...

Brazill: Pilot Who First Helped Legacy Tells For First Time His Version

Alexander Cortez, a Colombian pilot who helped the Legacy jet to find a runway ...

Port of Santos, in São Paulo, Brazil

Brazilian Trade Surplus in 2007 Grows to US$ 1.7 Billion

Brazilian exports generated US$ 2.795 billion last week, with growth of 7.21% over the ...

UN Readies Report on Brazilian Racism

In order to become acquainted with the Brazilian government’s activities to combat racial discrimination, ...

How and Where to Vote

All the US Brazilian consulates phones and addressesBy Brazilian expatriates may vote at the ...