SAO PAULO, May 25 (ANI) — Brazil is actively working to diversify its trading partners, strategic suppliers, and export destinations as global tensions and shifting supply chains continue to reshape international commerce, Foreign Minister Mauro Vieira said.
In an interview with Valor Economico, Vieira said the government of President Luiz Inacio Lula da Silva is pursuing a broader and more balanced foreign policy without aligning exclusively with major global powers.
According to Vieira, Brazil aims to strengthen relations across multiple regions while supporting a multipolar world order. He emphasized that the country does not seek exclusive alliances or restrictions in its international engagement and is focused on maintaining broad diplomatic and economic partnerships.
The minister said countries including India, South Korea, and Japan have recently expressed interest in importing Brazilian oil. He also identified Central Asian nations as potential alternative suppliers of fertilizer, a move intended to reduce dependence on a limited number of sources.
Referring to concerns surrounding the Strait of Hormuz, a key global trade route, Vieira said recent developments have reinforced the importance of diversifying supply chains. He noted that reliance on a single supplier can create vulnerabilities during periods of geopolitical uncertainty, according to Brasil 247.
Vieira also highlighted progress in trade negotiations involving Mercosur and countries including Canada, the United Kingdom, Vietnam, Japan, and the United Arab Emirates.
Discussions with Japan are reportedly focused on strengthening trade relations, although Vieira acknowledged the complexities involved in negotiating free trade agreements.
Addressing the issue of rare earth elements, the minister said Brazil intends to protect its national interests and promote greater value-added production within the country.
He also rejected suggestions of exclusivity involving the United States, stating that Brazil remains open to dialogue with all interested nations.
Vieira additionally called for reforms to global institutions, including the United Nations and the World Trade Organization, emphasizing the need for predictable international trade frameworks. (ANI)
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