Monday, June 24, 2019 | ePaper

Bolsonaro to visit Trump to firm up conservative alliance

  • Print


AFP, Brasilia :
Brazil's far right President Jair Bolsonaro will meet US counterpart Donald Trump next week to strengthen ties in the nascent regional conservative alliance aiming to ramp up the pressure on Venezuela's Nicolas Maduro.
After decades of fractious relations between Brasilia and Washington, things have improved with the assumption to power of ex-army captain Bolsonaro - nicknamed the "Tropical Trump" both due to his admiration for the US president and his ideological proximity in terms of nationalism and anti-globalization.
"It's the president's first foreign bilateral visit, which demonstrates the priority the government is giving to building a solid association with the United States," Bolsonaro's spokesman Otavio do Rego Barros said on Wednesday.
Alongside six ministers and his federal lawmaker son Eduardo - who has been active in building links with fellow conservatives - Brazil's president will spend four days in Washington from Sunday to Wednesday.
He will stay at Blair House, an official US state residence opposite the White House used for visiting dignitaries.
As well as a "private meeting" with Trump at the Oval Office on Tuesday, Bolsonaro will sit with Organization of American States Secretary General Luis Almagro, and participate in various forums discussing the opportunities offered by the Brazilian economy.
The US is Brazil's second biggest trade partner after China.
On Sunday night he will dine at the residency of Brazil's ambassador with "several opinion formers" including, according to press reports, former Trump adviser Steve Bannon and US-based Brazilian writer Olavo de Carvalho, considered Bolsonaro's guru.
Trump and Bolsonaro will discuss one of the issues that most unites them: their desire to drive Maduro from power.
The US was the first of more than 50 countries, closely followed by Brazil, to recognize Venezuela's opposition leader Juan Guaido as interim president, boosting his power struggle with Maduro.
Washington has also cranked up sanctions against the Maduro regime, including imposing an embargo on Venezuelan crude oil, due to come into effect on April 28.
Trump has repeatedly insisted that "all options are on the table" with regards to military intervention in Venezuela.
But that's not an opinion shared by Bolsonaro, who in line with other members of the mostly Latin American Lima Group has ruled out military action in favor of a policy of tightening the economic and diplomatic noose around Maduro.
"Brazil is unlikely to take military action to address the situation in Venezuela, but we may see a strong stance being taken by Bolsonaro publicly following this trip to Washington," Roberta Braga, associate director at the
Latin American center of the Washington-based Atlantic Council, told AFP.
Trump wants a heavyweight ally such as Brazil "to continue putting the
pressure on Maduro and ensure the wave of support Guaido has received doesn't
diminish over time," said Thomaz Favaro, an analyst at Control Risks.
Spokesman Do Rego Barros said Trump and Bolsonaro will sign three
agreements, without elaborating what they could be.
One of those is expected to be the granting of technological safeguards
for the US to use the satellite launching base in Alcantara, an idea that has
angered sectors of Brazilian nationalists who view it as a potential loss of
sovereignty.
The base in northern Brazil is ideally located for launching satellites.
Its position close to the equator allows for the saving of up to 30
percent in fuel or the loading of an increased cargo.
"The Alcantara agreement is another sign of Bolsonaro's alignment with the
United States, like his accepting the deal between Boeing and Embraer,"
internationalist Paulo Wrobel, from Rio de Janeiro's Pontifical Catholic
University, told AFP.
Analysts expect the two leaders to discuss measures to increase bilateral
business - without infringing on Mercosur limits imposed on Brazil - and
the entry of the South American giant into the Organisation for Economic Co-
operation and Development (OECD).
Following his US jaunt, Bolsonaro will visit Chile and Israel in a clear
sign of his intention to approach governments he considers committed to his
ideological conservatism and economic liberalism.

More News For this Category

Mohammed Mahtabur Rahman, Chairman of the Bank NRB Bank Ltd, presiding over its 6th Annual General Meeting (AGM) at the at a city hotel on Sunday. Vice Chairmen Tateyama Kabir, Kamal Ahmed, Chairman of Executive Committee M Badiuzzaman, Chairman of Audit Committee Imtiaz Ahmed, Chairman of Risk Management Committee Mohammed Idrish Farazy and Founder Chairman of the Bank Iqbal Ahmed, among others, were present. The Bank declared 8 percent stock dividend  for the year of 2018.

Mohammed Mahtabur Rahman, Chairman of the Bank NRB Bank Ltd, presiding over its 6th Annual General Meeting (AGM) at the at a city hotel on Sunday. Vice Chairmen Tateyama Kabir, Kamal Ahmed, Chairman of Executive Committee M Badiuzzaman, Chairman of Audit Committee Imtiaz Ahmed, Chairman of Risk Management Committee Mohammed Idrish Farazy and Founder Chairman of the Bank Iqbal Ahmed, among others, were present. The Bank declared 8 percent stock dividend for the year of 2018.

.

China eyes front against protectionism at G20

AFP, Beijing :China said Monday it would seek backing for free trade and multilateralism at the G20 summit this week as it denounced protectionism while it fights a tariffs

Tokyo stocks close marginally higher

AFP, Tokyo :Tokyo stocks closed modestly higher on Monday, recovering earlier losses after receiving support from rallies in Hong Kong and Chinese markets.The benchmark Nikkei 225 index gained 0.13

Rupee opened flat at 69.58 vs USD in early trade

PTI, Mumbai :The rupee opened on a flat note at 69.58 against the US dollar in opening trade Monday amid rising crude oil prices and foreign fund outflows.Forex traders

US-Iran fears buoy oil prices as focus turns to Trump-Xi talks

AFP, Hong Kong :Oil prices extended gains Monday as rising US-Iran tensions fuelled supply concerns, while Asian equity traders moved cautiously ahead of a crunch meeting between Donald Trump

Japan plans lifting ban on Russian chicken imports after Putin-Abe meeting

TASS, Tokyo :Japan intends to allow imports of fresh chicken from Russia as part of earlier reached agreements on the expansion of bilateral trade as well as to help

First-ever prepaid metre-manufacturing plant goes into production next month

UNB, Khulna :Country's first-ever electric prepaid metre-manufacturing plant here goes into production in the second week of July.The plant is aimed at fulfillingthe huge demand for prepaid metresand thus

Bangladesh is on right track to attract FDI: Speakers

Bangladesh is on right track to attract FDI: Speakers

Economic Reporter :Speakers of Monday claimed that despite the global flow of Foreign Direct Investment (FDI) is showing downward trend, Bangladesh achieved remarkable success in attracting FDI in 2018

Robust growth in Walton AC sales centering heatwave

Business Desk :The local electronics giant Walton has witnessed a robust growth in the sales of its air conditioner during heavy heatwave all over the country in this year.According

Md Nazmus Salehin, Chairman of the Audit Committee of the Board of Directors of Standard Bank Ltd, presiding over the Bank's 92nd board meeting at its board room in the city on Monday. Members of the committee Al-Haj Mohammed Shamsul Alam, Kazi Sanaul Hoq, Najmul Huq Chaudhury, Ferdous Ali Khan, Managing Director Mamun-Ur-Rashid, Additional Managing Director Md Tariqul Azam and Deputy Managing Director Md Motaleb Hossain, among others, were present.

Md Nazmus Salehin, Chairman of the Audit Committee of the Board of Directors of Standard Bank Ltd, presiding over the Bank's 92nd board meeting at its board room in the city on Monday. Members of the committee Al-Haj Mohammed Shamsul Alam, Kazi Sanaul Hoq, Najmul Huq Chaudhury, Ferdous Ali Khan, Managing Director Mamun-Ur-Rashid, Additional Managing Director Md Tariqul Azam and Deputy Managing Director Md Motaleb Hossain, among others, were present.

.