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From the Media

Jan 27, 2020 - The Associated Press

India and Brazil agreed Saturday to boost trade and investment across a range of fields such as defense, mining, biofuel, cybersecurity, food, the environment and health. India’s Prime Minister Narendra Modi lauded Brazil as “a valuable partner” as he and visiting President Jair Bolsonaro witnessed the signing of 15 agreements by their officials in the Indian capital.The main items Brazil exports to India are petroleum products, mainly crude oil, cane sugar, copper ore, soy oil and gold.

Jan 27, 2020 - Hindustan Times

Brazil Agriculture Minister Tereza Cristina Corrêa da Costa Dias analysis: Cooperation in the area of ethanol production is certainly a topic of much interest to all, and I see a great opportunity for partnership between India and Brazil. Brazil has developed a wide and successful biofuels program, which uses crops as raw materials for the generation of clean and renewable energy. Brazil and India have been growing sugarcane for centuries, and both countries recognise the major socio-economic importance of this crop. However, with regard to ethanol, there is a great disparity between us: While Brazil is the world’s second biggest producer, with over 30 billion litres per annum, India produced only 1.5 billion litres in 2018.

Jan 27, 2020 - Renewables Now

Brazil's EDP Solucoes em Energia has received the installation licence for a R$ 10-million (US$ 2.4m) biomass project to be built at a Heineken NV factory in Rio Grande do Sul state. With the licence granted by the State Environmental Protection Agency (Fepam), the subsidiary of EDP Brasil can break ground on the project. The project concerns a steam biomass plant at Heineken's Igrejinha municipality unit. With the new facility, the brewery intends to shift to a fully renewable energy matrix, making the production process more sustainable, the local government pointed out.

Jan 27, 2020 - Lexology

The Brazilian government raised approximately US$ 14.8 billion in 2019 and is looking to raise an additional US$ 36 billion through privatizations in 2020. According to Salim Mattar, Special Secretary of Privatization, Divestments, and Markets at Brazil’s Ministry of Economy, the federal government is planning to dispose over 300 assets using an accelerated approval process. The Brazilian government intends to grant concessions or sell equity stakes in a wide range of sectors, including oil and gas, airports, roads and railroads, terminal ports, mining, sanitation, postal services, and financial institutions, among others.