Originally scheduled for November 10 and 11, the Brazil Investment Forum will be postponed to May 2021 due to Covid-19, reported CNN Brasil. The forum is the biggest event in Latin America for promoting foreign investment in the region — and usually attracts executives from major corporations, investors, and government authorities from all over the world.
The Brazil Investment Forum is usually held in São Paulo — Brazil’s biggest economic center — but social-distancing rules put in place by the local government make such an event impossible to take place.
President Jair Bolsonaro discussed the postponement with Foreign Minister Ernesto Araújo, Economy Minister Paulo Guedes, Central Bank Chairman Roberto Campos Neto, and the Chairman of the Brazilian Agency of Investments Promotion (Apex-Brasil), Sérgio Segovia.
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