Brazilian President Michel Temer to Visit India for BRICS Summit

بقلم: Pavel Jacomino
2016-10-14 15:25:37

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Brazilian President Michel Temer

Brasilia, October 14 (RHC--Xinhua)-- Brazilian President Michel Temer left Friday for an Asian tour, which will take him to India to participate in the 8th BRICS Summit, and then to Japan, to seek to attract investment. 

According to Temer's spokesperson, Alexandre Parola, in a statement by state news agency Agencia Brasil on Thursday, this trip will be an opportunity for the government to show "a new Brazil" of "investment opportunities, stability and fiscal responsibility. 

Temer's first stop will be in Goa, India, for the BRICS Summit, where he will formalize four new cooperation mechanisms with the other member countries (China, India, Russia and South Africa). 

In recent years, the BRICS have made important steps forward, with the creation of the New Development Bank, which will seek to finance infrastructure projects in developing countries. 

Temer will also hold a private meeting with Indian Prime Minister Narendra Modi, which Parola said would help to relaunch the two countries' bilateral strategic partnership. 

Temer will then be in Japan on October 17 and 18, the first visit by a Brazilian president to that country in 11 years.  He will meet with Prime Minister Shinzo Abe before meeting with business leaders to present "Brazil's new economic reality and the opportunities opened up by the Investment Partnership Plan." 



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