The President has been to more than 10 countries and has had more than 30 meetings with foreign leaders
President Lula is received by President Xi Jinping
247 Since taking office in January, President Luiz Inácio Lula da Silva has been committed to strengthening Brazil’s position on the international scene and seeking new partnerships and investments for the country. According to data released Monday by the Presidency’s Social Communications Secretariat (3), Lula’s international travels have already brought in an impressive R$111.5 billion in direct investment in Brazil.
The PT President visited more than a dozen countries in the first months of his tenure and had more than thirty meetings with other heads of state. These meetings resulted in bilateral agreements and investments in several strategic areas for national development.
In January, Lula attended the Summit of the Community of Latin American and Caribbean States (Celac) in Argentina and paid an official visit to Uruguay. In February, his schedule took him to the United States, where he met with President Joe Biden. On that occasion, Biden announced a R$2.5 billion (about US$500 million) donation to the Amazon Fund, which funds efforts to prevent, monitor and combat deforestation in Brazil.
In April, the Brazilian President traveled to Beijing, where investments of R$30 billion in industrial, technological, commercial and agricultural cooperation were announced. In June, a visit to China pledged an additional R$3 billion in investments in the electric car industry.
In May, Lula was received in London by UK Prime Minister Rishi Sunak, who announced a donation of more than R$500 million (about £80 million) to the Amazon Fund. On the same occasion, Japanese Prime Minister Fumio Kishida pledged to provide a BRL 1 billion credit line for the healthcare sector in Brazil.
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Other announced investments include BRL 12.5 billion in renewable fuels production by the UAE and BRL 32 billion in investments by EDP and Galp earmarked for energy projects in Brazil during a visit to Portugal.