Brazil on path of growth, Temer tells Russians

The Brazilian president said that the deals signed during his official

Published on 20/06/2017 - 18:19 By Pedro Peduzzi reports from Agência Brasil - Brasília

Moscou - O presidente Michel Temer chega à Rússia para uma visita oficial de dois dias. (Beto Barata/PR)

Investing in Brazil is a safe option. We have great markets, we're among the world's top economies,Beto Barata/PR

In a bid to draw Russian investment to Brazil, President Michel Temer said that the country is on the “path of responsibility and growth,” and that “despicable and disregarded facts” have arisen to keep the economy from resuming its expansion. The statement was made today (Jun 20), during a special seminar on Russian investment in Brazil, held in Moscow.

Temer also talked to investors about the effects that the labor and pension reforms will have on the country for legal security, and showed positive figures linked to the economy.

“We want Russian economies to expand their presence in the country. Don't doubt it: investing in Brazil is a safe option. We have great markets, we're among the world's top economies, and our natural resources are vast. I'd like to stress most importantly that we have brought the country to the path of responsibility and growth,” the president said.

In his address, Temer said that “despicable” facts will not affect the country. “Exactly when the economy starts to take off, facts suddenly arise aiming to attack and pose obstacles—utterly despicable and disregarded facts,” he said, without specifically referring to the corruption allegations made by executive Joesley Batista targeting the president and the PMDB, the party that elected the president, as well as cabinet members and allies.

Brazil and Russia

The president added that the agreements to be signed during his visit to Russia are to bring markets in which Brazil and Russia take part closer together. “Bearing this in mind with conviction, we will sign tomorrow a number of deals to facilitate trade between our countries. We will bring Mercosur and the Eurasian Economic Union together, which is very important to Mercosur,” he added.


Translated by Fabrício Ferreira


Fonte: Brazil on path of growth, Temer tells Russians

Edition: Carolina Pimentel / Nira Foster

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