IBOV 208,836.77 ▲ 1.27% IPSA 11,026.26 ▲ 0.02% IPC MEX 64,986.91 ▲ 0.52% MERVAL 2,828,812 ▼ 0.13% COLCAP 2,534.92 ▲ 0.36% BVL PERÚ 59,610.00 ▲ 0.97% USD/BRL4.98▼ 0.85% USD/MXN18.44▲ 1.36% USD/CLP976.35▼ 0.27% USD/COP3,191▼ 1.73% USD/PEN3.45▲ 0.28% USD/ARS1,515▼ 0.10% USD/UYU40.21▲ 3.49% USD/PYG5,676▲ 0.52% USD/BOB11.77▲ 1.12% USD/DOP61.17▲ 1.61% USD/CRC450.81▲ 1.91% USD/GTQ7.64▲ 3.27% USD/HNL26.86▲ 3.27% USD/NIO36.62▲ 0.31% USD/VES873.46▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.75▲ 2.74% EUR/BRL5.58▼ 0.74% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 208,836.77 ▲ 1.27% IPSA 11,026.26 ▲ 0.02% IPC MEX 64,986.91 ▲ 0.52% MERVAL 2,828,812 ▼ 0.13% COLCAP 2,534.92 ▲ 0.36% BVL PERÚ 59,610.00 ▲ 0.97% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Business - Brazil Rio de Janeiro

Brazil’s Rousseff on Economic Visit to Sweden and Finland

By · October 19, 2015 · 2 min read

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The President of Brazil, Dilma Rousseff, is on a four-day official visit to Sweden and Finland where she hopes to close several bilateral commercial and educational agreements. On Monday, President Rousseff is expected to visit a Saab factory from where Brazil ordered 36 Gripen NG military airplanes at an estimated cost of R$18.5 billion. It is said that the Brazilian contract is Sweden’s largest export order in history.

Brazil's President Dilma Rousseff on Economic Visit to Sweden and Finland, Rousseff, Sweden, Brazil, Brazil News
Brazilian President Rousseff speaks to business community in Stockholm, Sweden, photo by Roberto Stuckert Filho/PR.
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According to Brazil’s Foreign Relations Ministry (Itamaraty) the visit to the two Nordic countries is to boost bilateral relations through Brazil’s “New Strategic Partnership Action Plan” with cooperation in investments, clean energy and education.

Other aircraft manufacturers were passed over during the bidding process in 2013, such as U.S.-based Boeing and France-based Dassault. At the time President Rousseff said, “We are a peaceful country, but we won’t be defenseless, a country the size of Brazil must always be ready to protect its citizens, patrimony and sovereignty.”

On Sunday, President Rousseff displayed her annoyance with Brazilian reporters who kept insisting on a comment on rumors that Finance Minister Joaquim Levy was planning on handing in his resignation.

“He (Levy) stays,” said President Rousseff, denying any friction between the minister and other government officials. “We agree with his economic policies. I do not know where you (reporters) get the information, but they are very harmful,” added Rousseff.

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Brazil-Sweden trade totals a little more than R$8.2 billion per year, and the European nation has more than two hundred companies operating on Brazilian soil at the moment.

On Tuesday, Rousseff will travel to Finland where the talk with the Finnish leader and the country’s business community will be about basic education.

According to analysts, despite the turbulence faced at home, President Rousseff maintained her travel plans to show investors that the Brazilian government is “business as usual”.

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