Brazilian President Luiz Inacio Lula da Silva said on Friday that foreign companies are welcome to do business in Brazil, speaking at the opening of a Chinese automaker’s factory in Sao Paulo state.
Lula told the ceremony for GWM’s new plant that his government is ready to work with new investors. “Count on the Brazilian government. Whoever wants to leave, leave. Whoever wants to come, we welcome you with open arms,” he said.
The president criticised the 50% tariffs on Brazilian goods imposed by U.S. President Donald Trump, calling them an “unnecessary turbulence.” He told Reuters earlier this month that he would raise the issue at the BRICS group, which includes China, to seek ways to respond.
Lula noted that automakers such as Ford and Mercedes had scaled back operations in Brazil in the past, but welcomed new arrivals like China’s GWM. He said Brazil remains open to business negotiations.
GWM’s Brazilian arm can produce 50,000 vehicles annually and is expected to create more than 2,000 jobs once exports to Latin America begin, according to the company.
Brazil’s auto exports are forecast to rise 38.4% in 2025 compared with 2024, reaching 552,000 units, the automakers association Anfavea said last week.
Hungary will gradually halt gas supplies to Ukraine until oil deliveries resume via the Druzhba pipeline, Prime Minister Viktor Orbán said o...
Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East, meanwhile Pakistan has offered...
NASA announced on Tuesday it has cancelled plans to deploy a space station in lunar orbit and will instead...
British police said they arrested two men in connection with the suspected antisemitic arson&nbs...
A drone has flown into Estonian airspace from Russia. It happened early on Wednesday morning and slammed into a...
Brazil’s Chamber of Deputies has approved an historic free trade agreement between Mercosur and the European Union, moving the long-delayed pact closer to implementation.
The death toll from heavy rains and flooding in Brazil’s Minas Gerais state has risen to 46, authorities said, with 21 people still reported missing. The storms triggered landslides and widespread flooding, displacing thousands across Juiz de Fora and Uba.
Brazilian President Luiz Inácio Lula da Silva has said he will urge U.S. President Donald Trump to avoid a "new Cold War" when the two leaders meet in Washington next month.
India and Brazil signed a mining and minerals cooperation pact on Saturday (21 February), as Prime Minister Narendra Modi said the two countries aim to increase bilateral trade to more than $20 billion within five years.
U.S. President Donald Trump said the U.S. was talking to the right people in Iran to make a deal on Tuesday (24 March), as Pakistan's Prime Minister offered to host peace talks between the two countries to bring about an end to the conflict.
Afghan authorities say Pakistani jets entered northern Afghanistan, while Pakistan insists its actions target terrorism, highlighting continued strain after a temporary Eid ceasefire ended.
As conflict continues to unsettle the Middle East, airlines are being forced to make difficult, fast-moving decisions - redrawing flight paths and searching for safe skies. Amid this uncertainty, Azerbaijan has emerged as a crucial gateway linking Europe and Asia.
Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East, meanwhile Pakistan has offered to be a mediator and a reported 15 point plan has been sent to Tehran. Welcome to AnewZ's coverage of the tensions in the Middle East.
FinaFinal results from Slovenia’s parliamentary elections indicate a near tie between the Slovenian Democratic Party (SDS) and the liberal Freedom Movement Slovenia (GS), leaving neither side with a clear path to power.
Hungary will gradually halt gas supplies to Ukraine until oil deliveries resume via the Druzhba pipeline, Prime Minister Viktor Orbán said on Wednesday.
British police said they arrested two men in connection with the suspected antisemitic arson attack on four Jewish community ambulances in north London earlier this week.
A drone has flown into Estonian airspace from Russia. It happened early on Wednesday morning and slammed into a chimney at a local power station, the Baltic country's Internal Security Service told public broadcaster ERR.
Moldova's parliament approved the introduction of a 60-day energy state of emergency after Russian attacks in neighbouring Ukraine knocked out of service a power line providing most of the country's energy. Deputies approved the measure with 72 votes in favour in the 101-member chamber.
A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, Instagram and WhatsApp and of enabling child sexual exploitation on those platforms.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment