The global financial turmoil is an opportunity for Brazil and Turkey to boost economic cooperation and ease the impact of the crisis, Brazilian President Dilma Rousseff said on Oct. 7.
Despite the bruising impact of the global shake-up, Turkey and Brazil are among countries that continued to grow, Rousseff said speaking at a Turkish-Brazilian business forum hosted by the Confederation of Businessmen and Industrialists of Turkey (TUSKON).
“Turkey and Brazil are two strong countries that can ensure that the G-20 group revises its economic policies. If we look at the capacity of our countries, we can see that the economic crisis brings us an opportunity to expand relations to find ways to ease the effects of the situation,” Rousseff said.
Brazil could open the door to Latin America for Turkey and Turkey could open the door for Brazil to Europe, Asia and the Middle East, she added.
“We must encourage all economic activities between the two countries” Rousseff said, stressing that the 2014 World Cup and the 2016 Summer Olympic Games in Brazil could serve as an investment opportunity for the Turkish tourism and construction sector.
“We will hold talks to boost ties between Turkey and Brazil during our meetings in Brazil in November,” Economy Minister Zafer Çağlayan said at the business forum. If Turkish businesspeople want to make business in North America, then they should focus on Brazil, he said.
In addition to Turkey and Brazil’s agreement on defense, it would also benefit the countries to boost cooperation in science and health, he said at a joint press conference with President Abdullah Gül on Oct. 7.