KUALA LUMPUR: Brazil wants Malaysian and Brazilian businesses to deepen cooperation and boost trade growth, said Brazilian President Luiz Inácio Lula da Silva.
Lula described his three-day visit to Malaysia – his first since returning to office – as a “successful trip”.
“This is another successful trip by the Brazilian government abroad.
“I had never visited Malaysia before.
“Prime Minister Datuk Seri Anwar Ibrahim is incredibly pleasant and someone who really wants to have a strong relationship with the Brazilian people.
“We had meetings with business people in both countries and also with the Brazilian entrepreneurs who came to Malaysia,” he said at a press conference here today.
Lula said business leaders were the ones who best understood trade opportunities, while the government’s role was to facilitate and support their efforts.
“It is the entrepreneurs who know how to do business, as they have specific interests.
“The government’s role is to ensure that on every overseas trip I make, we take along a delegation of entrepreneurs and representatives from business federations,” he said.
Malaysia and Brazil established diplomatic ties in 1959.
In 2024, Brazil was Malaysia’s second-largest trading partner in Latin America, with total bilateral trade amounting to RM20.36 billion (US$4.46 billion).
Malaysia’s exports included electrical and electronic products, palm oil, rubber and halal pharmaceuticals, while imports comprised ores, processed food and petroleum products.
In 2000, Brazil’s trade flow into Asean was US$2.3 billion, and last year it reached US$37.2 billion.
© New Straits Times Press (M) Bhd
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