Foreign relations of Brazil in the context of Economy of Brazil


Foreign relations of Brazil in the context of Economy of Brazil

⭐ Core Definition: Foreign relations of Brazil

The Ministry of Foreign Affairs is responsible for managing the foreign relations of Brazil. Brazil has the largest economy in Latin America and is a key political and economic power on the world stage. Brazil's foreign policy reflects its role as a regional power and a potential world power and is designed to help protect the country's national interests, national security, ideological goals, and economic prosperity.

Between World War II and 1990, both democratic and military governments sought to expand Brazil's influence in the world by pursuing a state-led industrial policy and an independent foreign policy. Brazilian foreign policy has recently aimed to strengthen ties with other South American countries, engage in multilateral diplomacy through the United Nations and the Organization of American States, and act at times as a countervailing force to U.S. political and economic influence in Latin America.

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Foreign relations of Brazil in the context of IBSA Dialogue Forum

The IBSA Dialogue Forum (India, Brazil, South Africa) is an international tripartite grouping for promoting international cooperation among these countries. It represents three important poles for galvanizing South–South cooperation and greater understanding between three important continents of the developing world namely, Africa, Asia, and South America. The forum provides the three countries with a platform to engage in discussions for cooperation in the field of agriculture, trade, culture, and defence among others.

The IBSA Dialogue Forum plays an increasingly important role in the foreign policies of India, Brazil, and South Africa. It has become instrumental for promoting ever closer coordination on global issues between three large multicultural and multiracial democracies of Asia, South America and Africa, and contributed to enhancing trilateral India-Brazil-South Africa cooperation in sectoral areas.

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