President Lula said it is in the government’s and the country’s interest for Brazilian companies to gain prominence in global trade. He is on a trip to the Middle East and took part in a presentation of Embraer products in Riyadh, Saudi Arabia.
Lula attended the Portugal–Brazil Business Forum in Matosinhos, near Porto, and added he plans to attract investment in new businesses in the country, especially in renewable energy.
“We have a protocol between the two defense ministers that must move forward. It is a great opportunity for both countries, because we both produce goods in this area, products of great value. So this is an are where we have to sit together and talk more, to make it move”, said the vice-president at Expo 2020, in Dubai
The vertical takeoff and landing vehicle will be directed at passengers. A pilot is present, but the project should be designed so that the flight becomes totally autonomous.
Brazilian plane maker Embraer stated Sunday (Apr. 26) that, after the end of the $4.2 billion agreement with Boeing, announced on the weekend, it has worked to readjust its production levels and capital expenditures to save resources.