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BRAZIL AND INDIA

  • Brazil is an important partner of India on global stage
  • Brazil is part of BRICS

INDIA AND BRAZIL

  • Bilateral trade between India and Brazil in 2018-19 was$12 billion which included $8 billion worth of Indian exports to Brazil and $4 billion as imports by India.
  • IndiawillalsolaunchBrazilian satellites
  • Brazil’s Amazonia-1satellite to be launched on board PSLV in 2020
  • $1.893 trillion (nominal, 2020 est.)

BRAZIL

  • Population 21 crore
  • Fifth largest country on the planet

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HAS BRAZIL DONE A LOT OF TESTING?

  • The answer is no
  • Total tests so far in Brazil around 7-8 lakh
  • India has done 20 lakh tests so far

SO WHY SO MANY CASES IN BRAZIL?

  • The answer is terrible management
  • Brazil’s President has been very much against a Lockdown

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ECONOMY OF BRAZIL AND COVID 19

  • Brazil’s economy is expected to contract by 4% in 2020 with risks biased to the downside. Average growth of -0.6% over the last five years reflects a slow recovery after a long and deep recession in 2015/2016.
  • Fitch forecasts the economy to grow by 3% in 2021 as it recovers from the pandemic and responds to the comprehensive set of fiscal, quasi-fiscal and monetary measures adopted by the authorities to prevent a deeper economic collapse.

BRAZIL’S MANAGEMENT

  • April 6: President Jair Bolsonaro threatened to fire the
  • Minister of Health, Luiz Henrique Mandetta, after they clashed.
  • April 16: President Bolsonaro fired the Minister of Health, Luiz Henrique Mandetta, over disagreements about social distancing guidelines.
  • April 20: Several cities started to ease social isolation guidelines in favorof contact tracing. Some retail stores were allowed to open as long as customers wore masks, the number of in-person customers was reduced, and customer personal information was tracked.

BOLSONARO ON COVID 19

  • when cases started to rise president Bolsonaro declared that the routine in the country must return to normality and that the Brazilian press spread panic around the coronavirus, which he again called “little flu”. Speaking on radio and television, Bolsonaro also criticized governors for implementing quarantine—with trade and border closures—and questioned why schools were closed.

BRAZILIAN FRUSTRATION

  • March, Eduardo Bolsonaro, son of President Jair Bolsonaro, set off a diplomatic dispute with China, Brazil’s largest trading partner, when he retweeted a message blaming the Chinese Communist Party for the virus.
  • Yang Wanming, China’s top diplomat in Brazil, later retweeted a message saying “The Bolsonaro family is the great poison of this country.”

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WHAT BRAZIL IS LOOKING AT

  • About 13 million Brazilians live in shanty town ‘favelas,’ where hygiene recommendations and physical distancing are near impossible to follow.

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