Brazil to Woo Tesla During Bolsonaro's Trip to U.S. in March
Feb 21, 2020
Simone Iglesias, Bloomberg News
(Bloomberg) -- Brazil President Jair Bolsonaro will travel to the U.S. next month for the fourth time in a year with a pro-business agenda that includes trying to convince electric-vehicle manufacturer Tesla Inc. to set up a plant in the South American country.
Bolsonaro’s visit will be on March 7-10 and his plans include attending a business seminar in Miami, according to the presidency’s press office. On Twitter, Bolsonaro said his “extensive agenda” consists of the possibility of Tesla building a factory in Brazil, though he didn’t provide further details.
Since taking office last year, Bolsonaro has revamped his nation’s foreign policy by pursuing closer ties with the U.S. and its allies while eschewing multilateralism. So far, those efforts have yielded mixed results. While Donald Trump plans to promote Brazil’s bid to join the Organisation for Economic Co-operation and Development and refrained from placing tariffs on Brazil’s steel, he has also upheld a ban on the country’s fresh beef.
While in the U.S., Bolsonaro will participate in the event “Brazil-U.S. Business Relations in Florida” organized by export agency Apex. More than 300 business executives are expected to attend the seminar, which will feature presentations on Brazil’s economic outlook, business climate and efforts to privatize billions of dollars in state-controlled assets.
More:
https://www.bnnbloomberg.ca/brazil-to-woo-tesla-during-bolsonaro-s-trip-to-u-s-in-march-1.1393690
