US Treasury Secretary Heading to Brazil to “Build the Middle Class”

United States Treasury Secretary Henry Paulson United States Treasury Secretary Henry Paulson will make a week-long trip to South America beginning in southeast Brazil. He is scheduled to visit Brazil, Chile and Uruguay, meeting with the presidents of all three countries as well as Finance ministers and local business leaders.

According to a release from the Treasury Department, Paulson will hold his first meeting next Monday in Belo Horizonte, with Minas Gerais state governor Aécio Neves. He is also scheduled to see venture capitalists in Minas's capital city .

On Wednesday, July 11, the secretary will be in Brazilian capital Brasí­lia where he will meet with President Luiz Inácio Lula da Silva, Chief of Staff Dilma Rousseff, Finance Minister Guido Mantega, Central Bank President Henrique Meirelles, and Minister of Foreign Affairs Celso Amorim.

In Brasí­lia, he will also attend a lunch on access to finance and local capital market development. He will then fly to Uruguay where on Thursday he will be received by President Tabaré Vazquez and Economy minister Danilo Astori.

On the same day late afternoon he's scheduled to meet with Chilean president Michelle Bachelet, Foreign Affairs minister Alejandro Foxley, Finance minister Andrés Velasco and the president of the Chilean central bank Vittorio Corbo.

Paulson's visit, the Treasury Department informs, is to discuss ideas on "how to spread opportunity, reduce poverty, and build the middle class in the region and talk about what the United States is doing to help." Argentina is not mentioned in the release but has been excluded of Paulson's tour.

These visits to Brazil, Uruguay, and Chile will be Paulson's first to those countries as Treasury Secretary. He traveled to Mexico in April of 2007, Guatemala and Peru in March of 2007, and Colombia in August of 2006.


  • Show Comments (1)

  • aes

    Peace through prosperity.

Your email address will not be published.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.


You May Also Like

Amazon Fair in Brazil Draws Buyers from US, Canada and Japan

US$ 10 million in contracts were generated last week in Brazil during the business ...

Brazil Vows to Repair 16,000 Miles of Roads in Bad Shape

Brazil’s National Transportation Confederation (CNT) has released a note praising the decision by the ...

Slavery Lives

Brazilian Indians who learned the Portuguese and received some schooling are being expelled from ...

Neither Obama Nor Chavez. Brazil’s Lula Shows in Honduras Who’s the Boss

On this, the day when hope springs eternal, President Zelaya is back in Honduras, ...

Chico Mendes

Named after Marechal Rondon, a soldier who tamed the Amazon, Rondônia was created in ...

Gang Shoots and Wounds Brazilian Soldiers in Haiti

Four members of the Brazilian Peace Force Brigade in Haiti were wounded last week ...

Brazilian Congressmen in Japan Probing Charges of Dekasseguis’ Mistreatment

According to Brazilian psychologist and psychoanalyst, Taeco Toma Carignato, the members of Brazil’s Joint Parliamentary ...

Brazil’s Frangosul and Arabs: No Chickenfeed Deal

Chicken industry Doux Frangosul, from the Brazilian southernmost state of Rio Grande do Sul, ...

Brazil’s Paper and Pulp Maker Aracruz Grows with Asia Help

Aracruz Celulose began a plan for modernization of their unit in the city of ...