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Brazil–Saudi Arabia relations

From Wikipedia, the free encyclopedia
Bilateral relations
Brazil–Saudi Arabia relations
Map indicating locations of Brazil and Saudi Arabia

Brazil

Saudi Arabia
Diplomatic mission
Embassy of Brazil,RiyadhEmbassy of Saudi Arabia,Brasília

Brazil–Saudi Arabia relations are thebilateral relations betweenBrazil andSaudi Arabia. Brazil has an embassy inRiyadh and Saudi Arabia has an embassy inBrasília.

History

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President Lula with Saudi foreign ministerPrince Faisal bin Farhan Al Saud at histhird inauguration, 2023

In May 2009,Luiz Inácio Lula da Silva became the firstpresident of Brazil to visit Saudi Arabia.[1][2] During the visit, Brazil and Saudi Arabia signed an agreement to expand cooperation in oil, mining, infrastructure, and science, and to increase bilateral trade.[1] Brazil presidentLula said trade between the two countries had increased 450% in the prior six years.[1] The two countries had annual trade worth $5.5 billion.[1]

In 2022, commerce between the two countries was $8.2 billion. Brazil primarily purchasedhydrocarbons and fertilizers ($5.3 billion), while Saudi Arabia primarily purchasedhalalprotein ($2.9 billion).[3]

In August 2023, Lula said that he supported Saudi Arabia being accepted intoBRICS.[4]

In November 2023, Lula met inRiyadh with the prime minister and crown prince ofSaudi Arabia,Mohammed bin Salman.[5][6][7] They discussed strengthening bilateral relations, and investments in both countries.[6][7] Salman said that a more robust strategic partnership between the two countries would benefit both sides.[6] The $10 billion that thesovereign wealth fund of Saudi Arabia pledged to invest in Brazil was one topic of conversation.[6][7] Lula mentioned Brazil's rapprochement with Arab countries.[6] Salman also discussed Saudi Arabia's entry intoBRICS in January 2024.[6] Lula invited Salman to visit Brazil in 2024.[6][8][7]

In February 2024, Saudi Ambassador to Brazil Faisal Ghulam participated in a reception held by the ambassadors ofArab countries andIslamic countries in honor of Lula, and on behalf of the ambassadors of the Arab and Islamic countries, Ghulam delivered a speech in which he reviewed the developing relations between the Arab and Islamic countries and Brazil.[9]

See also

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References

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  1. ^abcd"First visit of a Brazilian president to Saudi Arabia".MercoPress. May 18, 2009.
  2. ^"Brazilian president in Saudi Arabia".DAWN. May 17, 2009.
  3. ^Eduardo Campos Lima (November 30, 2023)."Brazil president's Saudi visit shows desire for stronger ties".Arab News PK.
  4. ^"Brazil president supports accession of Saudi Arabia, UAE to BRICS".Middle East Monitor. August 3, 2023.
  5. ^Lama Alhamawi (30 November 2023)."Saudi Arabia and Brazil detail areas of joint cooperation".Arab News.
  6. ^abcdefgRicardo Stuckert (1 December 2023)."Lula, MBS Want To Boost Bilateral Trade To USD 20 Bn".MENAFN.
  7. ^abcdNova, Redazione Agenzia (28 November 2023)."Brazil-Saudi Arabia: Lula meets bin Salman, focus on investments in renewable energy".
  8. ^"Lula highlights Brazilian investment in green energy".Agência Brasil. 29 November 2023.
  9. ^"Arab and Islamic ambassadors' reception honors Brazilian President Lula".Arab News. 10 February 2024.

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