Why Brazil Shouldn't Turn Its Back on the BRICS
Why Brazil Shouldn't Turn Its Back on the BRICS
By
Oliver Stuenkel
Despite its current crisis, Brazil must maintain its global diplomatic presence and adapt to a more Asia-centric world.
Almost a decade ago, in 2007, Brazil's President Luiz Inácio Lula da Silva was one of the star speakers at the World Economic Forum in Davos. Investor money was pouring into one of the world's most exciting emerging markets, and Foreign Minister Celso Amorim – who would go on to be called the "world's best foreign minister" by Foreign Policy – was beginning to expand Brazil's economic and diplomatic presence across the globe.
Never before had a South American country established such a broad...
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