Brazil seeks to reindustrialize without affecting environmental sustainability, minister says

The new Brazilian government seeks to reindustrialize the country taking into account environmental sustainability, according to the Minister of Finance, Fernando Haddad, yesterday.

From Davos, where he arrived on Monday to participate in the World Economic Forum being held in this Swiss city, Haddad said that “the economic model we defend” includes fiscal and social responsibility, which are inseparable.

Regarding the environmental agenda, Haddad highlighted having traveled with Marina Silva, Minister of the Environment, and that the objective is to go beyond the resumption of the commitment to reduce deforestation and investment in renewable energies.

“Also, in the development agenda, we can think about the reindustrialization of Brazil based on environmental sustainability,” he explained.

The Brazilian Finance Minister also commented on the acts of vandalism that occurred on Jan. 8 in Brasília, when the headquarters of the Executive, Legislative and Judicial branches were invaded and destroyed. For Haddad, the speed in responding to the events gave credibility to the country.

“My impression is that the Brazilian institutions gave a very immediate response, the fact that the next day there was already an intervention in the security of the Federal District, with the removal of the governor, the subsequent visit of the 27 governors to Brasília”, evaluated the minister, “a very quick response, in 24 hours everything was under control”.

He added that the reaction of the institutions was “a clear demonstration that Brazil is committed to the electoral result, to democratic rules, to individual liberties, respecting constitutional guarantees”.

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