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Brazil's government of President Luiz Inácio Lula da Silva ratified the South American country's 'unequivocal' adherence to the 'One China Principle' regarding Taiwan, which Beijing regards as a rogue province. The message was conveyed Friday in Brasilia to Foreign Minister Wang Yi.
Governments worldwide have been investing in projects to generate economic growth momentum
Brazil's government has spearheaded an effort to raise $10 billion from multilateral and development banks to fund infrastructure projects to advance South American integration, seeking enhanced trade and reduced transportation time to Asia. Brazilian development bank BNDES is expected to allocate $3 billion within this effort, primarily for funding projects that Brazilian states and municipalities propose to connect to this network, the Planning Ministry said on Tuesday. Simultaneously, the Inter-American Development Bank (IDB) will contribute $3.4 billion, the Development Bank of Lati...
Brazil's government is mobilizing a massive $10 billion initiative, leveraging global banks' funds to bolster infrastructure projects to enhance South American integration and streamline trade routes to Asia.
Brazil's government has spearheaded an effort to raise $10 billion from multilateral and development banks to fund infrastructure projects to advance South American integration, seeking enhanced... -December 12, 2023 at 04:12 pm EST - MarketScreener