The Minister of External Relations, Luiz Alberto Figueiredo Machado, will host the Minister of Foreign Affairs and Foreign Trade of Barbados, Maxine McClean, in Brasilia, on September 17, 2013.
Brazil and Barbados have cooperation projects in the areas of renewable energy, agriculture, education and health, and negotiations are underway to expand cooperation in agriculture and tourism. Brazil has expanded cooperation with Barbados and the CARICOM. On the occasion of the First Brazil-CARICOM Summit held in Brasilia in 2010, four bilateral cooperation agreements were signed by Brazil and Barbados in the areas of health, agriculture and air services.
In 2012, bilateral trade between Brazil and Barbados totaled US$ 17.6 million. 92.4% of Brazilian exports to Barbados in 2012 were manufactured goods. In the last decade, Brazilian exports to Barbados grew by 32%.