IBOV 171,259 ▲ 0.52% IPSA 10,770 ▼ 1.21% IPC MEX 66,848 ▼ 0.41% MERVAL 3,248,428 ▼ 0.89% COLCAP 2,347.07 ▼ 1.93% BVL PERÚ 57,045.35 ▼ 0.46% USD/BRL5.18▲ 0.78% USD/MXN17.57▲ 1.07% USD/CLP913.39▲ 0.76% USD/COP3,417▼ 0.82% USD/PEN3.39▲ 0.07% USD/ARS1,471▲ 0.62% USD/UYU39.91▲ 1.23% USD/PYG6,064▲ 0.60% USD/BOB6.86▲ 1.93% USD/DOP58.38▲ 1.09% USD/CRC452.10▲ 2.42% USD/GTQ7.62▲ 2.31% USD/HNL26.68▲ 1.40% USD/NIO36.62▲ 0.72% USD/VES619.98▲ 5.68% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD155.98▼ 0.29% USD/TTD6.69▲ 0.58% EUR/BRL5.89▼ 0.05% BRENT 76.27 ▼ 1.05% WTI 72.40 ▼ 1.11% IRON ORE 161.91 — — COPPER 6.10 ▼ 0.68% GOLD 4,070 ▼ 1.46% SILVER 61.15 ▼ 1.41% SOY 1,141 ▲ 2.15% CORN 437.25 ▲ 6.71% WHEAT 595.25 ▲ 1.45% COFFEE 275.75 ▼ 0.45% SUGAR 13.93 ▲ 4.34% ORANGE JUICE 151.05 ▼ 2.30% COTTON 78.50 ▲ 4.37% COCOA 4,661 ▲ 3.01% BEEF 246.05 ▼ 3.82% CATTLE 368.28 ▼ 0.58% LITHIUM 78.43 ▼ 5.01% PETR4 39.33 ▲ 0.41% VALE3 79.38 ▼ 1.89% ITUB4 41.05 ▲ 0.27% BBDC4 17.84 ▲ 0.91% ABEV3 16.37 ▲ 1.52% BBAS3 19.86 ▲ 1.43% B3SA3 14.72 ▲ 0.14% WEGE3 45.71 ▲ 1.02% PRIO3 56.10 ▼ 1.02% SUZB3 41.95 ▼ 0.21% RENT3 41.78 ▲ 2.35% AZZA3 20.10 ▲ 3.61% CSAN3 3.75 ▲ 2.74% RAIZ4 0.42 — 0.00% PCAR3 2.08 ▲ 1.96% GMAT3 3.84 ▲ 1.32% PSSA3 52.19 ▼ 1.02% CVCB3 1.32 ▲ 4.76% POSI3 3.86 ▼ 1.03% SLCE3 13.46 ▲ 0.30% NATU3 7.72 ▲ 0.65% BRKM5 7.60 ▲ 2.29% RANI3 7.63 ▼ 0.65% CSNA3 5.27 ▼ 1.31% CMIN3 4.28 ▼ 0.47% USIM5 8.66 ▼ 4.94% GGBR4 21.70 ▼ 0.91% ENEV3 25.20 ▲ 2.31% NEOE3 33.80 — 0.00% CPFE3 44.12 ▼ 0.56% CMIG4 10.99 ▲ 0.46% EQTL3 38.20 ▲ 1.46% LREN3 14.54 ▲ 1.04% VIVT3 34.28 ▲ 2.21% RAIL3 12.90 ▲ 3.45% KLABIN 16.81 ▼ 0.71% RAIA DROGASIL 17.00 ▲ 1.25% RDOR3 34.34 ▲ 1.51% HAPV3 10.28 ▼ 3.11% FLRY3 15.07 ▲ 0.67% SMTO3 14.77 ▲ 1.16% UGPA3 25.49 ▲ 1.07% VBBR3 29.39 ▲ 1.58% BBSE3 38.27 ▼ 0.93% BPAC11 52.80 ▲ 1.13% CURY3 34.33 ▲ 1.36% AERI3 2.13 ▼ 1.39% VIVARA 21.88 ▲ 4.64% COMPASS 25.10 ▲ 2.57% VAMOS 2.81 ▲ 2.18% SANB11 26.75 ▼ 0.74% ASAI3 7.94 ▲ 3.12% SBSP3 28.16 ▲ 0.90% WALMEX 50.68 ▲ 0.22% GMEXICO 206.10 ▼ 1.87% FEMSA 223.29 ▲ 2.70% CEMEX 21.37 ▼ 1.79% GFNORTE 184.55 ▼ 1.77% BIMBO 56.02 ▼ 0.36% TELEVISA 9.50 — 0.00% AMX 22.74 ▲ 0.35% GAP 426.86 ▼ 1.15% ASUR 296.01 ▼ 1.41% OMA 235.06 ▼ 1.00% KOF 188.09 ▲ 1.68% GRUMA 280.58 ▼ 1.13% KIMBER 37.17 ▼ 0.83% SQM-B 70,150 ▼ 1.41% COPEC 5,967 ▼ 0.22% BSANTANDER 73.00 ▼ 2.58% FALABELLA 5,686 ▼ 3.61% ENELAM 82.80 ▼ 0.72% CENCOSUD 2,159 ▼ 0.05% CMPC 1,043 ▼ 0.48% BANCO CHILE 178.10 ▼ 2.14% LATAM AIR 25.35 ▼ 0.08% YPF 74,700 ▼ 1.06% GGAL 7,965 ▼ 2.45% PAMPA 5,120 ▼ 0.97% TXAR 681.00 ▲ 2.79% ALUAR 1,033 ▲ 2.68% TGS 9,460 ▼ 2.12% CEPU 2,345 ▼ 1.39% MIRGOR 16,425 ▲ 0.15% COME 44.24 ▼ 0.81% LOMA NEGRA 3,810 ▲ 5.03% BYMA 318.00 ▲ 0.16% TELECOM ARG 4,048 ▼ 0.25% ECOPETROL 15.51 ▼ 4.55% BANCOLOMBIA 80.97 ▼ 0.38% GRUPO AVAL 5.31 ▼ 0.56% CREDICORP 368.77 ▼ 3.10% SOUTHERN COPPER 178.57 ▼ 5.97% BUENAVENTURA 31.00 ▼ 4.35% MERCADOLIBRE 1,584 ▼ 0.36% NUBANK 12.59 ▼ 1.56% XP 15.72 ▼ 1.69% PAGSEGURO 8.76 ▼ 0.57% STONE 10.72 ▼ 0.19% GLOBANT 29.28 ▼ 2.30% TECNOGLASS 45.38 ▼ 1.71% GAP AIRPORT 244.10 ▼ 1.94% ASUR 296.01 ▼ 1.41% OMA AIRPORT 107.66 ▼ 1.83% AMX ADR 25.85 ▼ 0.88% FEMSA ADR 127.11 ▲ 1.56% CEMEX ADR 12.16 ▼ 3.34% PETROBRAS ADR 17.03 ▲ 0.12% VALE ADR 15.31 ▼ 2.55% ITAU ADR 7.94 ▲ 0.13% SANTANDER BR 5.26 ▼ 0.94% AMBEV ADR 3.17 ▲ 0.80% CSN 1.04 ▼ 0.95% GERDAU 4.17 ▼ 1.88% LATAM ADR 55.74 ▲ 0.02% BTC 62,662 ▼ 2.02% ETH 1,664 ▼ 3.64% SOL 69.45 ▼ 3.42% XRP 1.10 ▼ 2.25% BNB 576.72 ▼ 2.24% ADA 0.15 ▼ 3.99% DOGE 0.08 ▼ 4.02% AVAX 6.43 ▲ 3.17% LINK 7.58 ▼ 3.64% DOT 0.90 ▼ 3.20% LTC 41.83 ▼ 6.09% BCH 194.67 ▼ 1.31% TRX 0.33 ▼ 1.41% XLM 0.19 ▼ 5.18% HBAR 0.08 ▼ 1.72% NEAR 1.97 ▼ 4.78% ATOM 1.71 ▼ 4.78% AAVE 71.90 ▼ 4.19% SELIC 14.25% EMBRAER 78.80 ▲ 0.59% EMBRAER ADR 61.08 ▲ 0.20% JBS 12.23 ▲ 2.60% JBS BDR 62.80 ▲ 1.45% MBRF3 16.80 ▲ 9.88% MBRFY 3.15 — 0.00% INTER 5.33 ▼ 1.11% EGX 51,770 ▼ 1.55% USD/ZAR16.57▲ 0.96% USD/NGN 1,366 — 0.00% NIKKEI 69,524 ▼ 0.38% CSI300 4,898 ▼ 0.43% HSI 23,290 ▼ 0.20% NIFTY 23,824 ▼ 1.16% KOSPI 8,171 ▼ 0.41% JCI 6,038 ▼ 1.04% 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GOLD 4,070 ▼ 1.46% SILVER 61.15 ▼ 1.41% SOY 1,141 ▲ 2.15% CORN 437.25 ▲ 6.71% WHEAT 595.25 ▲ 1.45% COFFEE 275.75 ▼ 0.45% SUGAR 13.93 ▲ 4.34% ORANGE JUICE 151.05 ▼ 2.30% COTTON 78.50 ▲ 4.37% COCOA 4,661 ▲ 3.01% BEEF 246.05 ▼ 3.82% CATTLE 368.28 ▼ 0.58% LITHIUM 78.43 ▼ 5.01% PETR4 39.33 ▲ 0.41% VALE3 79.38 ▼ 1.89% ITUB4 41.05 ▲ 0.27% BBDC4 17.84 ▲ 0.91% ABEV3 16.37 ▲ 1.52% BBAS3 19.86 ▲ 1.43% B3SA3 14.72 ▲ 0.14% WEGE3 45.71 ▲ 1.02% PRIO3 56.10 ▼ 1.02% SUZB3 41.95 ▼ 0.21% RENT3 41.78 ▲ 2.35% AZZA3 20.10 ▲ 3.61% CSAN3 3.75 ▲ 2.74% RAIZ4 0.42 — 0.00% PCAR3 2.08 ▲ 1.96% GMAT3 3.84 ▲ 1.32% PSSA3 52.19 ▼ 1.02% CVCB3 1.32 ▲ 4.76% POSI3 3.86 ▼ 1.03% SLCE3 13.46 ▲ 0.30% NATU3 7.72 ▲ 0.65% BRKM5 7.60 ▲ 2.29% RANI3 7.63 ▼ 0.65% CSNA3 5.27 ▼ 1.31% CMIN3 4.28 ▼ 0.47% USIM5 8.66 ▼ 4.94% GGBR4 21.70 ▼ 0.91% ENEV3 25.20 ▲ 2.31% NEOE3 33.80 — 0.00% CPFE3 44.12 ▼ 0.56% CMIG4 10.99 ▲ 0.46% EQTL3 38.20 ▲ 1.46% LREN3 14.54 ▲ 1.04% VIVT3 34.28 ▲ 2.21% RAIL3 12.90 ▲ 3.45% KLABIN 16.81 ▼ 0.71% RAIA DROGASIL 17.00 ▲ 1.25% RDOR3 34.34 ▲ 1.51% HAPV3 10.28 ▼ 3.11% FLRY3 15.07 ▲ 0.67% SMTO3 14.77 ▲ 1.16% UGPA3 25.49 ▲ 1.07% VBBR3 29.39 ▲ 1.58% BBSE3 38.27 ▼ 0.93% BPAC11 52.80 ▲ 1.13% CURY3 34.33 ▲ 1.36% AERI3 2.13 ▼ 1.39% VIVARA 21.88 ▲ 4.64% COMPASS 25.10 ▲ 2.57% VAMOS 2.81 ▲ 2.18% SANB11 26.75 ▼ 0.74% ASAI3 7.94 ▲ 3.12% SBSP3 28.16 ▲ 0.90% WALMEX 50.68 ▲ 0.22% GMEXICO 206.10 ▼ 1.87% FEMSA 223.29 ▲ 2.70% CEMEX 21.37 ▼ 1.79% GFNORTE 184.55 ▼ 1.77% BIMBO 56.02 ▼ 0.36% TELEVISA 9.50 — 0.00% AMX 22.74 ▲ 0.35% GAP 426.86 ▼ 1.15% ASUR 296.01 ▼ 1.41% OMA 235.06 ▼ 1.00% KOF 188.09 ▲ 1.68% GRUMA 280.58 ▼ 1.13% KIMBER 37.17 ▼ 0.83% SQM-B 70,150 ▼ 1.41% COPEC 5,967 ▼ 0.22% BSANTANDER 73.00 ▼ 2.58% FALABELLA 5,686 ▼ 3.61% ENELAM 82.80 ▼ 0.72% CENCOSUD 2,159 ▼ 0.05% CMPC 1,043 ▼ 0.48% BANCO CHILE 178.10 ▼ 2.14% LATAM AIR 25.35 ▼ 0.08% YPF 74,700 ▼ 1.06% GGAL 7,965 ▼ 2.45% PAMPA 5,120 ▼ 0.97% TXAR 681.00 ▲ 2.79% ALUAR 1,033 ▲ 2.68% TGS 9,460 ▼ 2.12% CEPU 2,345 ▼ 1.39% MIRGOR 16,425 ▲ 0.15% COME 44.24 ▼ 0.81% LOMA NEGRA 3,810 ▲ 5.03% BYMA 318.00 ▲ 0.16% TELECOM ARG 4,048 ▼ 0.25% ECOPETROL 15.51 ▼ 4.55% BANCOLOMBIA 80.97 ▼ 0.38% GRUPO AVAL 5.31 ▼ 0.56% CREDICORP 368.77 ▼ 3.10% SOUTHERN COPPER 178.57 ▼ 5.97% BUENAVENTURA 31.00 ▼ 4.35% MERCADOLIBRE 1,584 ▼ 0.36% NUBANK 12.59 ▼ 1.56% XP 15.72 ▼ 1.69% PAGSEGURO 8.76 ▼ 0.57% STONE 10.72 ▼ 0.19% GLOBANT 29.28 ▼ 2.30% TECNOGLASS 45.38 ▼ 1.71% GAP AIRPORT 244.10 ▼ 1.94% ASUR 296.01 ▼ 1.41% OMA AIRPORT 107.66 ▼ 1.83% AMX ADR 25.85 ▼ 0.88% FEMSA ADR 127.11 ▲ 1.56% CEMEX ADR 12.16 ▼ 3.34% PETROBRAS ADR 17.03 ▲ 0.12% VALE ADR 15.31 ▼ 2.55% ITAU ADR 7.94 ▲ 0.13% SANTANDER BR 5.26 ▼ 0.94% AMBEV ADR 3.17 ▲ 0.80% CSN 1.04 ▼ 0.95% GERDAU 4.17 ▼ 1.88% LATAM ADR 55.74 ▲ 0.02% BTC 62,662 ▼ 2.02% ETH 1,664 ▼ 3.64% SOL 69.45 ▼ 3.42% XRP 1.10 ▼ 2.25% BNB 576.72 ▼ 2.24% ADA 0.15 ▼ 3.99% DOGE 0.08 ▼ 4.02% AVAX 6.43 ▲ 3.17% LINK 7.58 ▼ 3.64% DOT 0.90 ▼ 3.20% LTC 41.83 ▼ 6.09% BCH 194.67 ▼ 1.31% TRX 0.33 ▼ 1.41% XLM 0.19 ▼ 5.18% HBAR 0.08 ▼ 1.72% NEAR 1.97 ▼ 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Business - Brazil Latin America

President Rousseff’s 2012 Foreign Affairs

By · January 3, 2012 · 3 min read

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By Ben Tavener, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazilian President Dilma Rousseff has made fewer official overseas trips in her first year in office than her predecessor, Luiz Inácio Lula da Silva, did in the first year of either of his terms as president. But many argue Rousseff has been more pragmatic in her approach to foreign policy, with a focus on key partnerships.

Brazilian President Dilma Rousseff with UN Secretary General Ban Ki-Moon, Brazil News
President Rousseff (with UN Gen Sec Ban Ki-Moon) became the first woman to address the UN General Assembly in 2011, photo by Roberto Stuckert Filho/PR.
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President Rousseff made thirteen trips abroad during 2011: fifteen countries in 41 days overseas. Latin neighbors Argentina and Uruguay were the most visited, with high profile trips to Brazil’s two biggest trading partners – China and the U.S.

To compare, President Lula spent 63 days abroad in his first year in office (27 countries on eighteen trips), traveling widely in Europe, making a point of visiting a number of countries in the Middle East – including Syria and Libya.

But despite having made a contribution to Middle East politics, particularly by her condemning of the unrest in Syria, President Rousseff is yet to make an official visit to an Arab country.

Instead, her visits have been either dominated by talks over the global financial crisis or set strategically to improve relations with trade partners, such as China where she returned home with a lucrative agreement to assemble Apple products in Brazil.

With her first year now complete, commentators are looking to see which countries will secure her attention in her second year in office. International Relations expert Professor Rafael Pons Reis told The Rio Times his thoughts on Rousseff’s foriegn affairs focus.

“Brazil’s foreign policy agenda in 2012 will involve maintaining and possibly deepening relations with key partners, such as China, the U.S. and the EU; regional countries such as Argentina, Venezuela and Bolivia; member states of organizations such as Mercosur and BRICS, and also Lusophone nations such as Portugal and Angola.”

Mr. Reis notes that while Lula’s presidency was one of “transition”, Dilma’s presidency is now being characterized as one of “continuity”, which helps to explain the lower number of trips overseas. Although other causes may have also kept her close to home, for example, the slew of scandals embroiling her government, which saw seven ministers leave their posts last year.

Former President Luiz Inácio Lula da Silva in Syria in 2003, Brazil News
Former President Luiz Inácio Lula da Silva inspected Syrian troops in 2003 as part of one of his many trips to the Middle East, photo by Antônio Melina/ABr.

Relentlessly compared to her predecessor, Rousseff’s style on the world stage has been more discreet, sober and managerial in style – and a more self-assured Brazil on the world stage is what many now believe truly characterizes her foreign policy.

Although shorter in terms of hours on the ground, her time abroad has yielded some memorable events, including her speech to the UN General Assembly, and other notable speeches denouncing human rights violations, female inequality and global famine.

It should be noted that, ex-President Lula was criticized for traveling more in his first year in office than his predecessor, Fernando Henrique Cardoso, had done during his entire presidency.

But Lula’s defenders say he had a big job on his hands: namely “bringing Brazil to the world” and convincing others of Brazil’s worth for trade and investment, and on the international diplomatic arena – something Rousseff is now consolidating upon.

With the leaders of over 100 countries set to attend the Rio+20 UN Conference on Sustainable Development, due to be held in June this year, 2012 may be more a case of “The World to Brazil”.

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