Lula says in Japan that Brazil is a “safe refuge” for investments

The president announced that the country will sign ten cooperation agreements and almost 80 agreements with Japanese companies, universities and banks

The president Luiz Inácio Lula da Silva Wednesday 26, that Brazil will sign ten cooperation agreements “in the most diverse areas” with the JapanIn addition to almost 80 agreements between companies, banks and universities, during the state visit to the country. In a speech to Brazil-Japan Business Forum in Tokyo, he praised the importance that Japan has had for the Brazilian economy in the past, but said that it is necessary to improve the bilateral relationship, which “has not been well” in the last decade.

“I want to invite the Japanese to invest in Brazil because Brazil is a safe refuge, as was it for the Japanese in 1908? We want to share alliances between Japanese and Brazilian companies in order to grow together. “

Among the bilateral commercial opportunities, the president cited the climatic program, in particular the intention of Japan to increase the proportion of ethanol present in petrol. Lula also mentioned expectations with the expansion of Japanese car manufacturers such as Honda, Nissan and Mitsubishi in the local production of electric and hybrid vehicles.

“Decarbonization is not a choice, it is a necessity and a great opportunity. The involvement of the private sector is fundamental. Brazil will always be an ally to reduce global dependence on fossil fuels,” said the president.

Lula also said that it is necessary to advance the negotiations for the signing of a commercial agreement between the Japan and Mercosur countries. “In an increasingly complex world, it is essential that historical partners unite to face the uncertainties and instability of the global economy”.

Free

Lula defended, in his speech, multilateralism and free trade. “We don’t want a second cold war. We want free trade so that we can satisfy our countries in the movement of democracy, economic growth and the distribution of wealth,” he said.

“We no longer want walls. We no longer want to be prisoners of ignorance. We want to be free and prisoners of freedom,” said the president, who underlined the risks for democracy represented by the right radicals. “Democracy is at risk of the planet with the election of the end of Thewardestor who does not recognize the vaccine, does not recognize climatic instability, does not even recognize political parties and unions”.

Economic growth

Commenting on the commercial opportunities between Brazil and Japan, Lula said that the Brazilian gross domestic product (GDP) grew over the forecasts, which should take place again by 2025.

Among the country’s positive points for foreign investors, he mentioned legal stability and tax reform. The president also highlighted the resumption of credit grant policies for the population and measures for the distribution of income.

Source: Terra

Rose

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