Russian President Vladimir Putin and Brazilian leader Luiz Inacio Lula da Silva discussed prospects for further strengthening the strategic partnership between the two countries. During the conversation, special attention was paid to interaction in the political, trade, economic spheres, as well as contacts at various levels were outlined. The conversation touched upon the topic of… Continue reading Putin and Lula da Silva Outline Russian-Brazilian Cooperation’s Vector of Development
Tag: BRAZIL
Brazilian Development Bank Increased its Financing of Country’s Agribusiness Sector by 26% in 2024
The Brazilian Development Bank (BNDES) has approved financing of 52.3 billion Brazilian reais (US$5,65 billion) for the country’s agricultural sector in 2024, an increase of 26 per cent compared to 2023. This is reported by Agencia CMA, a partner of TV BRICS. The bank channelled funds to farmers, cooperatives and agribusinesses to increase production, buy… Continue reading Brazilian Development Bank Increased its Financing of Country’s Agribusiness Sector by 26% in 2024
Brazil’s Shipbuilding and Port Industries Achieve Record-Breaking Growth
Brazil’s shipbuilding and port sectors concluded 2024 with their most significant investment in 12 years, marking a transformative period for the country’s maritime economy. This is reported by Toda Palavra, a partner of TV BRICS. The industry has secured funding for more than 430 projects, including construction, repair, docking, equipment modernisation, shipyard expansions, and new… Continue reading Brazil’s Shipbuilding and Port Industries Achieve Record-Breaking Growth
Brazil’s Automotive Sector Leads Global Growth in 2024
Brazil’s automotive sector has achieved exceptional results in 2024, recording the fastest growth among the top ten global markets, as reported by Brasil 247, a partner of TV BRICS. Vehicle sales surged by 15 per cent compared to the previous year, reaching 2.6 million units, which included passenger cars, light commercial vehicles, trucks, and buses.… Continue reading Brazil’s Automotive Sector Leads Global Growth in 2024
Indonesia Officially Joins BRICS as Full Member
The Government of Brazil, as the current BRICS chair, officially announced that the Republic of Indonesia has become a full member of the BRICS group. The statement also noted that Indonesia’s candidature was endorsed by the group’s leaders back at the Johannesburg summit in August 2023. The Brazilian government has highlighted Indonesia’s potential to enhance… Continue reading Indonesia Officially Joins BRICS as Full Member
Brazil and China Strengthen Strategic Ties With New Bilateral Cooperation Initiatives
Brazil’s Chief of Staff, Rui Costa, and China’s National Development and Reform Commission Minister, Zheng Shanjie, advanced strategic cooperation efforts between the two nations. The discussions centred on implementing a broad portfolio of bilateral projects, following agreements signed during Chinese President Xi Jinping’s recent visit to Brazil, as reported by Brasil 247, a partner of… Continue reading Brazil and China Strengthen Strategic Ties With New Bilateral Cooperation Initiatives
Brazilian President Enacts Bio-inputs Law to Boost Sustainable Agriculture
Brazilian President Luiz Inacio Lula da Silva has officially sanctioned Law 15.070/2024, establishing a comprehensive framework for the use of bio-inputs in agriculture and aquaculture. This is reported by Toda Palavra, a partner of TV BRICS. Bio-inputs, as defined by the new law, are biological-origin materials or processes utilised in the production, processing, or storage… Continue reading Brazilian President Enacts Bio-inputs Law to Boost Sustainable Agriculture
Brazil Plans to Significantly Increase Oil Production by 2025
Brazil’s oil production is expected to reach 3.6 million barrels per day (bpd) in 2025, up about 6 per cent from an accumulated average of 3.4 million bpd this year through October, according to the data from the Brazilian Petroleum Institute (IBP). Brazil could earn 120 billion reals (US$19,4 billion) from oil in 2025, according to… Continue reading Brazil Plans to Significantly Increase Oil Production by 2025
Brazilian Chamber Approves Renewable Energy Incentive Programme
Brazil’s Chamber of Deputies has approved a bill to create the Energy Transition Acceleration Programme (Paten), aimed at encouraging sustainable development initiatives through loans to companies from the federal government. This is reported by Brasil 247, a partner of TV BRICS. The bill will allow companies with projects approved under the Paten programme to negotiate… Continue reading Brazilian Chamber Approves Renewable Energy Incentive Programme
Brazil Sets New Records For Wind Power Generation In Favour Of Renewable Energy Transition
Brazil has achieved remarkable milestones in wind energy production, setting two consecutive records. The country recorded a peak hourly average generation of 23,699 MW, followed by a daily average record of 18,976 MW the next day. These figures, released by the Ministry of Mines and Energy, underscore wind energy’s growing prominence in Brazil’s energy mix.… Continue reading Brazil Sets New Records For Wind Power Generation In Favour Of Renewable Energy Transition