Brazil’s government is forming a committee to evaluate joining China’s Belt and Road Initiative while considering the implications for its relationship with the United States, particularly before the U.S. presidential election results.

The Brazilian government is currently forming an inter-ministerial committee to assess the implications of joining China’s Belt and Road Initiative. This review will encompass an evaluation of the potential consequences for Brazil’s diplomatic ties with the United States, particularly in the context of the upcoming U.S. presidential election, which takes place on November 5. Reports from local news outlet ICL Notícias, later confirmed by The Post, suggest that this initiative is driven by considerations regarding Brazil’s strategic relations and economic opportunities. However, Brazilian diplomats are advising President Luiz Inácio Lula da Silva to delay any official announcement regarding Brazil’s participation in the Belt and Road Initiative until after the election results are finalized. While Brasilia has not issued a formal statement regarding the U.S. electoral process, President Lula has expressed support for Vice-President Kamala Harris, the Democratic candidate. In discussions with members of Brazil’s House of Representatives in early September, Lula remarked, “God willing, Kamala will win this election.”

The Belt and Road Initiative, launched by China, seeks to enhance global trade and stimulate economic growth across Asia and beyond through various infrastructure investments. Brazil’s potential involvement in this initiative reflects a strategic move to leverage economic opportunities while balancing its foreign relations, especially given the historically complex ties with the United States. The upcoming U.S. presidential election adds an additional layer of complexity to Brazil’s decision, as outcomes may significantly influence diplomatic engagement with Washington.

In summary, Brazil’s exploration of joining the Belt and Road Initiative underscores its desire to augment its economic position through strategic partnerships. Yet, the potential impact on U.S. relations, particularly in light of the impending presidential election, necessitates cautious deliberation. President Lula’s inclination to support Democratic candidates further complicates the decision-making process and underscores the importance of diplomatic ties amidst global economic initiatives.

Original Source: www.scmp.com

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