Bolsonaro embarks today for Davos, during his first international trip With a program focused on the defense of economic openness, the fight against corruption and the commitment to democracy, President Jair Bolsonaro embarks

Jair Bolsonaro at the inauguration (Crédit: AFP)

] today (20) at 10 pm in Davos, Switzerland, where he will participate in the World Economic Forum. He will travel accompanied by the ministers of the economy, Paulo Guedes; in its 39th edition, the World Economic Forum brings together the world's political and economic elite to discuss the global situation and stimulate cooperation between governments and the sector. private. At the beginning of Bolsonaro abroad, the government intends to sell to businessmen and politicians the image of the Brazilian economy being modernized, with trade openness, legal certainty of external investors and structural reforms.

ter to a panel on the crisis in Venezuela and reserved up to 45 minutes to speak at the plenary session of the forum at 23:30 Wednesday local time, 8:30 in Brasilia. Bolsonaro can also address the panel The Future of Brazil expected shortly after the plenary session.

The night of a private dinner with the presidents of Colombia, Iván Duque; from Ecuador, Lenín Moreno; from Peru, Martín Vizcarra; and Costa Rica, Carlos Alvarado Quesada. The five Latin American presidents will attend a presentation by Satya Nadella, General Manager of Microsoft.

For the fourth (24), the president should attend a working lunch on globalization 4.0. , which deals with the fourth industrial revolution provided by technology, is the theme of this year's World Economic Forum. The delegation then returns to Zurich, from where it returns to Brasilia, and arrives in the federal capital on the morning of fifth [1965905] (25).

Ministers

Ministers ter There is no parallel agenda in Davos. Paulo Guedes has scheduled meetings with the Managing Director of the International Monetary Fund (IMF), Christine Lagarde, and bilateral meetings with the Director General of the World Trade Organization (WTO), Roberto Azevêdo; with the President of the Inter-American Development Bank (IDB), Luis Roberto Moreno; and with the Secretary General of the International Chamber of Commerce, John Denton. Guedes also intends to meet businessmen from the areas of infrastructure, logistics, energy and technology, as well as fund representatives. investment and sovereign wealth funds.

Guedes also plans to meet with US Treasury Secretary Steven Mnuchin. According to the Ministry of Economy, Guedes will announce that Brazil intends to double its investments (public sector), in order to increase public investment, and private) in terms of research , technology and innovation over the next four years and current trade – the sum of imports and exports – from 22% to 30% of gross domestic product (GDP, sum of goods and services produced in the country) [19659006] The commercial openness defended by Guedes would occur gradually, accompanied by a program of bureaucratization and tax reduction allowing companies not to sacrifice the Brazilian industry. Tax cuts would be financed by privatizations and reforms that will limit or reduce public spending in the coming years.