Flying visit is part of extensive trip to garner support in Pacific region; possible free trade area also under discussion.
Lusofonia
Estimated US$2.7 billion invested by 48 countries in mining, telecommunications, civil construction, education, health, tourism, fishing and agriculture, among others.
Battery powered electric mining trucks point way towards a more sustainable product line for industry.
Countries also aim to improve tax services for cross-border businesses and collaborate on industrial and supply chains.
As major grain exporter, Brazil could satisfy China’s needs in wake of drastic drop in exports from Ukraine following Russian invasion.
ZEET will be centre of all digital strategy for archipelago; companies operating there will be range of tax and customs incentives.
Vice-president Hamilton Mourão says Brazil hopes to tap into new opportunities brought by energy transitions and low-carbon economy.
Brand new US$400 million port should be able to handle up to one million containers a year, and is set to start operations in November.
Hamilton Mourão points to Africa, Asia and the Middle East as future markets, calls for establishment of body of South American food producers ‘like OPEC’.