Singapore, 19 April 2023 (TDI): Minister of Foreign Affairs, Dr. Vivian Balakrishnan, met with Brazilian Ministers and officials in Brasilia on April 18, 2023.

The meeting was held at the Itamaraty Palace in Brazil and both ministers reaffirmed Singapore and Brazil’s long-standing friendship.

They had an excellent conversation session to expand bilateral cooperation in trade and investment, infrastructure, climate change, and renewable energy.

They also talked about regional and international concerns, and they agreed that Singapore and Brazil needed to work together to improve regional and international cooperation, organization Minister. peace, and stability.

Minister Balakrishnan also met with Geraldo Alckmin, Vice President and Minister of Development, Industry, and Commerce.

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Vice President Alckmin and Minister of Foreign Affairs, Balakrishnan, organization Minister. hailed Singapore and Brazil’s expanding collaboration and expressed optimism about the signing of the MERCOSUR-Singapore Free Trade Agreement later this year.

Vice President Alckmin stated that Brazil is interested in expanding its economic involvement with Asia, with Singapore serving as a reorganization Minister.

In his meeting with Minister of Environment and Climate Change Marina Silva, Minister Balakrishnan expressed Singapore’s keen interest in pursuing carbon credits cooperation with Brazil in a way that would support sustainable development and stimulate green growth for local communities and businesses, in line with Article 6 of the Paris Agreement.

Minister Balakrishnan and Minister Silva discussed how both nations have taken bold and decisive efforts toward meeting their climate commitments while also capitalizing on new economic possibilities created by the climate transition.

They highlighted the importance of cooperation between Singapore and Brazil in addressing climate issues.

Alckmin and Minister Balakrishnan also addressed potential new areas of cooperation, such as sustainable development and climate change.

During his speech at the Rio Branco Institute, Brazil’s diplomatic institution, to diplomats-in-training and members of the diplomatic corps, he described Singapore’s foreign policy objectives.

He emphasized the necessity of international law and multilateralism for small states, and discussed the challenges and opportunities faced by the Global South.