Brazil–Saudi Arabia relations

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Brazil–Saudi Arabia relations
Map indicating locations of Brazil and Saudi Arabia

Brazil
Saudi Arabia
Diplomatic mission
Brazilian embassy, RiyadhSaudi Arabian embassy, Brasília

Brazil–Saudi Arabia relations are the

bilateral relations between Brazil and Saudi Arabia. Brazil has an embassy in Riyadh and Saudi Arabia has an embassy in Brasília
.

History

Lula and Saudi Head of State in Saudi Arabia
, 2023.

In May 2009,

Lula said trade between the two countries had increased 450% in the prior six years.[1] The two countries had annual trade worth $5.5 billion.[1]

In 2022, commerce between the two countries was $8.2 billion. Brazil primarily purchased hydrocarbons and fertilizers ($5.3 billion), while Saudi Arabia primarily purchased halal protein ($2.9 billion).[3]

In August 2023, Lula said that he supported Saudi Arabia being accepted into BRICS.[4]

In November 2023, Lula met in Riyadh with the prime minister and crown prince of Saudi Arabia, Mohammed bin Salman.[5][6][7] They discussed strengthening bilateral relations, and investments in both countries.[6][7] Salman said that a more robust strategic partnership between the two countries would benefit both sides.[6] The $10 billion that the sovereign wealth fund of Saudi Arabia pledged to invest in Brazil was one topic of conversation.[6][7] Lula mentioned Brazil's rapprochement with Arab countries.[6] Salman also discussed Saudi Arabia's entry into BRICS in January 2024.[6] Lula invited Salman to visit Brazil in 2024.[6][8][7]

In February 2024, Saudi Ambassador to Brazil Faisal Ghulam participated in a reception held by the ambassadors of

Islamic countries in honor of Lula, and on behalf of the ambassadors of the Arab and Islamic countries, Ghulam delivered a speech in which he reviewed the developing relations between the Arab and Islamic countries and Brazil.[9]

Resident diplomatic missions

See also

References

  1. ^ a b c d "First visit of a Brazilian president to Saudi Arabia". MercoPress. May 18, 2009.
  2. ^ "Brazilian president in Saudi Arabia". DAWN. May 17, 2009.
  3. ^ Eduardo Campos Lima (November 30, 2023). "Brazil president's Saudi visit shows desire for stronger ties". Arab News PK.
  4. ^ "Brazil president supports accession of Saudi Arabia, UAE to BRICS". Middle East Monitor. August 3, 2023.
  5. ^ Lama Alhamawi (30 November 2023). "Saudi Arabia and Brazil detail areas of joint cooperation". Arab News.
  6. ^ a b c d e f g Ricardo Stuckert (1 December 2023). "Lula, MBS Want To Boost Bilateral Trade To USD 20 Bn". MENAFN.
  7. ^ a b c d Nova, Redazione Agenzia (28 November 2023). "Brazil-Saudi Arabia: Lula meets bin Salman, focus on investments in renewable energy".
  8. ^ "Lula highlights Brazilian investment in green energy". Agência Brasil. 29 November 2023.
  9. ^ "Arab and Islamic ambassadors' reception honors Brazilian President Lula". Arab News. 10 February 2024.
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