• Categories
  • Archives

Brazil Wants a More Competitive War Industry

Brazil’s Vice-President and Minister of Defense, José Alencar, claimed yesterday that Brazilian companies that produce defense equipment and technology need to be more competitive domestically and internationally.

According to Alencar, the sector’s exports, which once attained US$ 2 billion, presently do not exceed US$ 400 million.


Alencar, who was in Rio de Janeiro to open the 5th edition of the Latin American Aero and Defense Exposition (LAAD 2005), recalled that the national policy for the defense industry is intended to encourage competitiveness among firms and reduce market distortions.


“There will be no shortage of funds, and the incentives will be substantial, reaching all the industries that are engaged in the project.”


Alencar called for the diminution of external dependence upon products considered strategic for the country. In his view, despite the traditional pacifism of the Brazilian character, mastery of new technologies in the sector represents a guarantee of sovereignty.


The LAAD 2005 is regarded as the most important event for the Armed Forces and defense industries of Latin America.


This year, approximately 50 official delegations from various countries will participate in the event, as well as 300 companies that have come from 24 countries to exhibit their products. The LAAD 2005 ends on Friday, April 29.


Agência Brasil

Tags:

  • Show Comments (0)

Your email address will not be published.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

Brazil: ‘It’s Natural to Enrich Our Uranium at Home’

Brazil has major uranium reserves, and it’s only natural that we do not want ...

Prosecutor and Police Try Last-Minute Maneuvers to Keep US Pilots in Brazil

Brazil’s Public Attorney Office and Federal Police are doing their best to prevent that ...

Disturbing Handcuffs Threaten Brazilian Media

As photos, the sequence is nearly run of the mill. A person in handcuffs ...

Brazil’s Top Vote Getter, a Clown, May Be Barred from Congress for Illiteracy

Brazilian clown Tiririca, the candidate who won the most votes as House representative in ...

Pope Benedict XVI is greeted by Brazilian faithful in Guaratinguetá

Canonizing a Charlatan Was Just the Start of the Pope’s Brazilian Mission

A reader tells me that he doesn’t understand "this persecution of yours of Catholic ...

Rio Favelas Are Hurting the Brazilian Army

Rio’s favelas are not good for the Brazilian army. Conflict resolution is not the ...

18 Leaders Have Been Killed in Parí¡, Brazil, Since US Nun’s Murder in 2005

On 12 February 2005, Sister Dorothy Stang was assassinated for defending the rights of ...

Brazilian President Pans Belligerent Chavez on Bolivian Crisis

All is ready in Santiago de Chile to receive South American leaders to discuss ...

You don’t know this Rio

We present here an unknown Rio for those willing to forgo the myth of ...

IMF: ‘High Primary Surpluses Still Crucial to Brazil’

International Monetary Fund (IMF) Managing Director Rodrigo de Rato made the following statement today ...