President Milei has stabilized the country in a serious crisis. Now he must continue his reform course. A further recovery of the continent’s second largest economy would be important for South America.

After 25 years of negotiations, an agreement was reached at the Mercosur summit in Montevideo.

The country is currently readjusting its position in global politics. This could become a strategic advantage for the most important investment location for the German economy in South America.

At present, China could significantly expand its political influence in South America. There are a number of important events coming up in the second half of the year.

Brazil is becoming the blueprint for expansion in the industrial value chains and in R&D. This is competition for Western companies in particular.

The region is increasingly being drawn into the disputes of the world powers and local conflicts are threatening to become geopolitically charged.

Joint statement by CNI, BDI and LADW on the occasion of the meeting between Chancellor Scholz and President Lula.

If the region can become an attractive alternative by improving the business climate, infrastructure, and logistics.

Because of its wealth of raw materials, energy resources and agricultural products, the region is becoming hotly sought after – this development must not be overlooked.

In the current confrontation of China and Russia with the West, South America could move away from Europe.