Trade between both nations has grown exponentially, particularly over the past decade, and Singapore buys more meat from Brazil than any other country.
SINGAPORE: Combating climate change is a"priority" and"preoccupation" for both Singapore and Brazil, Foreign Affairs Minister Vivian Balakrishnan said on Monday .
They agreed to deepen bilateral cooperation on green finance and decarbonisation, and initiate discussions on areas like best practices relating to carbon markets, said the Ministry of Foreign Affairs . Minister for Foreign Affairs Dr Vivian Balakrishnan delivering remarks at a joint press conference with Minister of Foreign Affairs of Brazil Ambassador Mauro Vieira on Apr 17, 2023.
Dr Balakrishnan and Mr Vieira also recognised and agreed on the importance of ensuring that the energy transition and mitigation of emissions in the energy sector at domestic and global levels occur in a"fair and equitable" manner, said MFA. "Singapore’s relationship with Brazil is dynamic and forward-looking, based on a very strong foundation of trust, mutual respect and goodwill. We are looking forward to the opportunities of the future," he said.Brazil is Singapore's largest trading partner in Latin America and it is likewise in Southeast Asia, according to MFA.
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