Rousseff Says Brazil Still Attractive for Foreign Investments

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – President of Brazil, Dilma Rousseff, reassured a group of Brazilian and Swedish businessmen that the South American giant continues to be an attractive option for foreign investments. The president reminded participants at an event in Stockholm that the commercial trade between Brazil and Sweden grew by 45 percent in the past ten years and has the capacity to increase even further with the diversification of exchanges between the two nations.

Rousseff is on a four-day visit to Sweden and Finland. “There is a potential for the (greater) participation of Brazilian manufactured products and the increase of the presence of Swedish manufactured goods in our trade flow,” said the Brazilian leader.

Today (Tuesday), Rousseff traveled to Finland where the talk with the Finnish leader and the country’s business community will be about basic education.

“Brazil continues to be a secure and attractive option for investments,” said Rousseff during a seminar in Stockholm on Monday. “We are a country which offers great opportunities and has a sophisticated and secure business situation. We are a large democracy,” added the President.

In the past year, Brazil has signed important new trade agreements with countries such as the U.S., Mexico, China and Russia. The country has not only sought out to expand trade flows with existing partners but also to enter new, promising markets in Europe, Africa and South America.

According to UNCTAD (United Nations Conference on Trade and Development) overall foreign direct investment flows to Brazil totaled US$62 billion in 2014 and despite a four percent decrease from the previous year, the country moved up two positions and now is the fifth destination for these types of investments in the world, only behind China, Hong Kong (China), the United States and Singapore.