Brazil real estate could be boosted by extra trade
Those considering property in Brazil could be interested to hear the nation’s president and his Colombian counterpart have vowed to boost investments between the two ahead of world trade talks this week, it has been reported.
President Luiz Inácio Lula da Silva is urging the region to increase trade ties to decrease its dependency on single partners such as the US and Europe, according to Mercopress.
Lula also called on European nations attending this week’s Doha Round trade talks to maintain farm ties with poor and developing countries and that wealthy countries slash farm tariffs and subsidies that could hinder development.
"We want to negotiate, but we don’t want to keep our countries from having the opportunity to develop in the 21st century," the president added.
It was reported last month by the news agency that Lula claimed Brazil was enjoying a period of stability despite the ongoing global food crisis.
The news hints at economic buoyancy in the country, which could be good news for Brazilian property.
