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Isn’t it time you thought about investing in the largest economy in South America..?
Here are just three reasons why we think your investment will have a solid foundation:
Resources: Brazil is a country of vast natural resources – We are the world’s largest producer of sugar cane and coffee, and our other exports include cocoa, orange juice, and soya beans. In addition, the poultry, pork and milk industries have undergone rapid growth in the last decade.We are one of the world’s leading producers of hydroelectric power, which accounts for 90% of country’s own electricity. And we exported 6 million kWh in 2004. Our extensive mineral resources are iron, manganese, nickel, tin, bauxite, and copper...the list continues. We have proven oil reserves of 15 billion barrels and expertise in deep-water prospecting.These resources are no longer exploited at the cost of the environment. The government is getting serious about sustainability. We recently adopted an Environmental Crimes Law to combat deforestation in the
Amazon.
Stability: Since 1994, the Real Plan has brought rampant inflation under control. And the introduction of a policy of fiscal prudence continues to this day under President Lula da Silva. The economy showed steady GDP growth of 2.2% in the period 2001-05. Unemployment is under 10%. Trade has doubled since 1990, as has US direct investment following a sharp reduction in import
tariffs. Exports in 2005 were the best ever in the country’s history. Brazil is now the 11th largest economy in the world.
Services: We have a diverse and sophisticated services sector. Take Financial Services, for example, which has recently seen significant structural reform to attract foreign capital. The result has been a huge increase in investment from the USA alone. Brazilians are as technology-hungry as anywhere in the world. You used to wait years to have a telephone installed. Today there are 70 million mobile phones and over 25 million internet users.
Think of the future. Think Brazil...
Adapted from http://www.britishcouncil.org/professionals-crossculture-brazil-1.htm
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