Anand offers Brazil $125M in energy financing, seals wildfire pact amid trade talks
Canada is providing loan financing for two energy projects and a wildfire plan that will let Brazilian firefighters assist during the fire season.
- On Tuesday, Foreign Affairs Minister Anita Anand announced $125 million in financing for sustainable infrastructure in Brazil during a visit to Sao Paulo, describing the nation as one of Canada's closest partners.
- The federal government pledged loan financing through FinDev Canada for two energy-related projects to deepen bilateral ties as Ottawa continues trade negotiations with the Mercosur bloc.
- Canada is lending roughly $82.3 million to build an industrial plant on the Atlantic coast for sustainable jet fuel production, while the government and Japanese bank SMBC are contributing roughly $42.5 million for electricity grid upgrades in remote Brazilian regions.
- Beyond infrastructure projects, Anand signed agreements on public health science and customs tax fraud while establishing a wildfire action plan with Brazilian Foreign Minister Mauro Vieira that will deploy Brazilian firefighters to assist Canada this fire season.
- Prime Minister Mark Carney plans to visit Brazil following repeated invitations from Brazilian President Luiz Inacio Lula da Silva, strengthening diplomatic ties centered on shared commitments to human rights and climate change.
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29 Articles
Foreign Minister Anita Anand announced on Tuesday $125 million in funding for sustainable infrastructure in Brazil.
The Government of Canada announced investments worth R$ 500 million in Brazil through the Canadian bilateral development financing institution FinDev Canada. The initiative deals with two sustainable infrastructure inputs in Brazil. According to the Minister of Foreign Affairs of Canada, Anita Anand, these investments will strengthen the infrastructure in the energy sector as well as support sustainable economic development. One of the projects,…
Foreign Minister Anita Anand announced $125 million in funding for sustainable infrastructure in Brazil, a country she described as one of Canada's closest partners on the international stage.
The Toronto Star
Anand offers Brazil $125M in energy financing, seals wildfire pact amid trade talks
OTTAWA - Foreign Affairs Minister Anita Anand has announced $125 million in financing for sustainable infrastructure in Brazil, a country she describes as one of Canada's closest partners on the
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