Bolsonaro´s foreign policy legacy means hard work ahead for Lula. Many observers and foreign policy makers view Brazil as a less reliable partner.
Control Risks’ in-country analysts are tracking election developments and operating and investment concerns in Brazil, on behalf of our clients
The concerns about potential unrest or political violence taking place during Independence Day demonstrations did not materialise. However, political violence events did take place during that week.
In this joint event with Tozzini Freire, we addressed: Variations in ESG issues for business in Brazil and the impact of demographics, socioeconomics and geography in identifying local risks and opportunities for business, core drivers behind ESG risks in Brazil, and the ESG regulatory landscape outlook in the next few years in Brazil
Brazil will remain polarised ahead of the October 2022 general elections as voters’ options will likely be limited to far-right President Jair Bolsonaro and former President Luiz Inácio Lula da Silva (2003-2010), from the centre-leftist Workers’ Party (PT).
With Brazil grappling with several human rights issues, it is crucial that multinational companies and investors operating in the country are aware of its prevalent human rights challenges and take meaningful action to manage their exposure and prevent harm.