The Relationship Between Africa and Brazil Essay - 676 Words

After the slavery abolition in 1888 and throughout the 20th century, Africa figured relatively low in Brazil’s foreign policy agenda, which have mostly focused in the relations with the global powers such as the United States and European countries. This configuration started to change significantly in the early 2000s, when the improved macroeconomic situation of Brazil coincided with Africa’s economic revival. The turning point was, with no doubt, under former President Lula’s mandate (2003-2010). Revoking historical ties and cultural similarities, Lula’s discourse was frequently based in frames such as: â€Å"paying back the solidarity debt with the African continent, due to centuries of slavery relied on the sweat and blood of millions of†¦show more content†¦Source: Cabral Shankland (2013: 9). According to a recent joint World Bank and IPEA document, the historical and cultural ties between Brazil and the African continent differentiate the country from the other members of the BRICs (Brazil, Russia, India and China). The economic success of Brazil, its activities in the international arena and its successful national social policies would be lessons for African countries (IPEA World Bank, 2011). Additionally to historical and cultural ties, other affinities in agro-ecology and epidemiology (and, in some cases, language) are often evoked as an advantage of the Brazilian knowledge transfer to Africa, while the horizontal character of the partnership is presented as an alternative to the vertical North-South interaction (Patriota Pierri, 2013). SECTION C: Brazil’s investment and financing in Africa: interests Trade and investments In the relations between Brazil and Africa, it is not only in development cooperation that a significant increase started to be seen in the last decade. Making a comparison, at the beginning of Lula’s mandate in 2003, trade between the country and the continent was $5 billion, while by 2009 it had surpassed $29 billion (LAHT, 2010). Although still accounting for a relatively small share in BrazilianShow MoreRelatedBrazil Trade Patterns1516 Words   |  7 PagesBrazil Trade Patterns and Overview The world s seventh wealthiest economy (2011 GDP US$2.2 trillion), Brazil is the largest country in area and population in Latin America and the Caribbean. Brazil was one of the last to fall into recession in 2008 and among the first to resume growth in 2009. Brazil s GDP grew 7.5% in 2010 and 2.7% in 2011, because of the new global slowdown. 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