“Brazil is going to keep doing business with as many countries as possible.”
Brazil’s President Jair Bolsonaro

Newly elected president Jair Bolsonaro recently visited the US in order to meet with US president Donald Trump and business leaders. The White House meeting came a day after Paulo Guedes, Brazil’s economic minister, declared Latin America’s biggest economy open to US investment. On March 18, executives from some of the US’s largest companies warmly welcomed Bolsonaro and his ministers. “We are here to open our markets unilaterally,” Guedes, who is spearheading a radical economic reform program, told the meeting of businessmen in Washington. “We know what we have to do.” The meeting marked a further commitment from the Brazilian leader to break with his predecessors and strengthen ties with the US and other global economies.

“President Bolsonaro has made it his number-one priority to improve his relationship with the US.”
Jane Fraser, CEO of Citigroup Latin America

Bolsonaro’s visit to the US signals a new age in the relation between Brazil and the American government. Both leaders have similar goals that will guarantee that their interests align in the future. This will make it more likely that they look towards increasing trade in order to promote their political brand globally.

At Primal, we are firm believers in the potential of Brazil as a global economic power. We decided on Northeast Brazil for our world leading commercial neem plantation, in part, because of our belief in the economic potential Brazil shows. With favorable international trade intentions, a projected economic boom and a rapidly expanding agriculture industry, Brazil is positioned to play a key role in sustainably feeding a rising global population and reap the economic rewards for doing so.

In this future agricultural boom, Primal hopes to promote sustainable, organic and regenerative techniques in order to promote a healthier industry both in Brazil and the world.

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