Half-time in the game: Updating German-Brazilian Partnership
In the midst of the hustle and bustle of the first day of the trade fair, around 120 Brazilian and German guests came together today for a bilateral forum of BDI, CNI and LADW in the Convention Center at Hannover Messe. Almost five months after the bilateral Intergovernmental Consultations in Berlin last December and five months before the German-Brazilian Economic Meeting on September 23 and 24, 2024, it is time to take stock.
Among others, BDI President Siegfried Russwurm, CNI Vice President Gilberto Petry, Jochen Köckler, Managing Director of Deutsche Messe and member of the LADW, and Brazilian Ambassador Roberto Jaguaribe took a look at achievements and obstacles in the cooperation.
What was already true before has now become even clearer: Shaping the green transformation together will not only enhance the resilience of value chains in both countries but will also help companies achieve climate neutrality more quickly. Brazil is developing into a key “green global player”. Projects are already becoming a reality: ANFAVEA President Márcio de Lima Leite and the Head of Geopolitics at Siemens Energy Carsten Hasbach came to the point. The states of Rio Grande do Sul and Minas Gerais also presented good examples of sustainable investments in Brazil.
Nevertheless, the message is also clear: potential must be addressed more quickly and there is still a lack of a solution for well-known hurdles, such as the missing double taxation agreement.
The 40th German-Brazilian Economic Meeting, which will take place in September in the Autostadt in Wolfsburg, certainly have great potential to become a milestone for the cooperation. The event, which is being held in Germany again for the first time in six years, is eagerly awaited.
There are also positive signals for the invitation to Brazil to become a partner country of Hannover Messe 2026.
