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Brazil writes off $900mn African debt
May 26, 2013, 5:40 pm
[font color=gray]Brazilian President Dilma Rousseff was
one of the opening speakers at the forum
{Xinhua Images}[/font]
Brazil has announced plans to cancel $900 million worth of debt in 12 African countries. This was announced on the sidelines of African Union celebrations to mark 50 years of the continental bloc.
Brazilian President Dilma Rousseff was one of the opening speakers at the forum. “The idea of having Africa as a special relationship for Brazil is strategic for Brazil’s foreign policy,” presidential spokesman Thomas Traumann told reporters.
Brazil has cooperation programmes with dozens of African nations focusing on agriculture, health, bio-fuels, oil and gas, environment, trade and education. This is the third Africa trip in a year for the Brazilian president – Rousseff attended the BRICS Summit in Durban in March earlier this year.
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- Agriculture, health, bio-fuels, oil and gas, environment, trade and education, sounds a hellava lot better to trade for than fucking tear gas, tanks, jets, bombs, drones and the goddamned GMO seeds from Monsanto.......