Foreign Minister Aloysio Nunes Ferreira will hold his first official visit to Chile, on April 10-11.
In the Chilean capital, the Minister will be welcomed by President Michelle Bachelet and will keep working meeting with his Chilean couterpert, Heraldo Muñoz, when they shall go through the main themes of the bilateral, regional and multilateral agendas. Minister Aloysio Nunes will also hold meetings with key business leaders in Chile.
Chile and Brasil share a broad bilateral agenda, which includes issues such as trade and investments, infrastructure projects, Antarctic affairs, science and technology, defense and technical cooperation. The two countries agree on fundamental values, such as the promotion of democracy and the defense of human rights, and maintain close coordination in regional and multilateral fora. In the South American context, the Governments of Chile and Brazil are engaged in the rapprochement between the Pacific Alliance and Mercosur.
Chile is Brazil's second largest trade partner in South America. Brazil, on its turn, is Chile's main partner in the region. In 2016, trade between the two countries was US$ 6,962 billion and the first months of 2017 show signs of growth. Brazil concentrates Chile's largest foreign investment stock in the world.