Crisis in Brazil Seen as Foreign Trade Opportunity

crisis in brazil
A roundtable was held in June to discuss potential benefits of the Petrobras Scandal. Atlantic Council. 

Brazil’s recent political and economic instability, while bringing uncertainty to the region, is also seen as creating an opportunity for the country to refocus its development efforts internationally.

“Times of crisis are times of opportunities,” Daniel Godinho, Brazil’s secretary for trade, said at the Atlantic Council in Washington on June 28.

“There’s a growing consensus in Brazil that in order to guarantee the future, we have to add foreign trade to our strategy,” he added.

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