Updated
Updated · Bloomberg · Jun 16
30 Brazilian Companies Court Venezuela Ties as JBS and Embraer Join Caracas Meetings
Updated
Updated · Bloomberg · Jun 16

30 Brazilian Companies Court Venezuela Ties as JBS and Embraer Join Caracas Meetings

1 articles · Updated · Bloomberg · Jun 16

Summary

  • About 30 Brazilian companies met Venezuelan officials and business groups in Caracas on Tuesday and Wednesday to pitch products and services and position for new commercial ties.
  • JBS and Embraer were among the invited companies, underscoring interest from major Brazilian exporters as Venezuela reopens after more than a decade of isolation.
  • The outreach comes as Brazil seeks to rebuild economic links with its neighbor and businesses bet a Venezuelan revival could create fresh demand.

Insights

Can Venezuela’s shattered infrastructure support the industrial boom it is promising to global companies?
Is Venezuela's economic opening a historic opportunity or a high-risk trap for foreign investors?
With Venezuela’s banks cut off from the world, how can foreign companies get their profits out?