The problems of political conflict: USA and BrazilChina relations in period of presidency of Obama
The Research of foreign-policy relations of the USA and countries of Latin America and the Brazil-China relations is being carried out by the political science which exposes co-operation of countries in a region on bilateral, regional and global levels, and also examines these bilateral relations th...
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| Format: | Article |
| Language: | English |
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Taras Shevchenko National University of Kyiv
2017-03-01
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| Series: | Американська історія і політика |
| Subjects: | |
| Online Access: | http://www.americanstudies.history.knu.ua/en/the-problems-of-political-conflict-usa-and-brazilchina-relations-in-period-of-presidency-of-obama/ |
| Summary: | The Research of foreign-policy relations of the USA and countries of Latin America and the Brazil-China relations is being carried out by the political science which exposes co-operation of countries in a region on bilateral, regional and global levels, and also examines these bilateral relations through the prism of interests and foreign-policy strategies of the USA. The estimation of relations appears as a result of analysis of the foreign-policy conceptions and practices of both parties of co-operation, but not only the influence of the US foreign policy, as it seems typical and common for the wast majority of the early written researches of this range of problems. The problems of strategies in political modernisation are considered to depend on shaping the informative society and providing information technologies in Latin America. Sino-Brazilian relations are likely to continue to grow in the years to come. In the energy sector, Brazil is well placed to be one of China’s main suppliers of iron ore, steel, nickel, uranium and even gas and oil. The increasing affluence of Chinese society and the resulting improvement in dietary habits creates ample opportunities for Brazil’s agricultural sector. Brazilian investment in China is certain to continue rising. Both nations will certainly continue to cooperate on many common interests and these will sustain the relationship. However, pragmatism and realism will increasingly be the essence of Sino-Brazilian relations. As the old Brazilian saying goes, amigos amigos negocios a parte, friends are friends but business is business; in other words there is no such a thing as friends in business. However, despite some of the irritants, Sino-Brazilian ties are expected to grow closer in the coming years with both sides building areas of mutual benefit such as energy exploration, technology exchanges, agriculture, trade and FDI inflows. Brazil desperately needs massive amounts of capital to develop its rich energy resources, and China has the money. The Brazilian defence industry needs capital to develop some of its expensive programmes such as the navy nuclear powered submarine project or to maintain its expensive carrier. Brazil also badly needs investment in its infrastructure, particularly in roads, railroads, ports and its problematic power grid. China could emerge as an important source of finance for such urgently needed projects. Traditionally, America has been Brazil’s main political and economic partner, and through the decades, it was hated and loved for it. What impact will the love affair with China so enthusiastically embraced by Lula will have on relations with Washington remains to be seen. If China goes ahead with its pledges of billions in investment, the impact through the region will be significant and may alter the balance of power in the region. As noted by a divisional director of the Brazilian intelligence In less than a decade of active Sino-Brazilian ties and after more than 80 years as Brazil’s largest trading partner, the United States saw just a few months ago its position being overtaken by China. A sign of China’s growing influence in the region was the announcement early this year that the central banks of Brazil and Argentina, the two largest countries in the region, were in negotiations with the Chinese government to replace the U.S. dollar as the mode of transaction in their growing trade relations and instead use their respective currencies. While the United States remains the dominant power in the Americas, the region is no longer its exclusive sphere of influence. |
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| ISSN: | 2521-1706 2521-1714 |