Current Affairs - International - Discussion

Brazil has joined India in opting out of China's Belt and Road Initiative (BRI), a multi-billion-dollar infrastructure project. This decision, led by President Luiz Inácio Lula da Silva, reflects Brazil's cautious stance on joining China's influential global initiative. Instead, Brazil aims to establish stronger economic ties with China through selective collaboration, aligning Chinese investments with its own infrastructure projects. This strategic shift in foreign policy preserves Brazil's autonomy while exploring "synergy" with BRI-linked investment funds. The move has significant implications for global geopolitics and Brazil's relationships with China and other BRICS nations.