MOSCOW (Sputnik) — Brazil has expressed interest in Russian investments in the country’s infrastructure projects, Brazilian Vice President Michel Temer said Tuesday.
"We are very interested in Russian investments in Brazil. In recent years, we have taken about 40 million people out of poverty, they now form part of the middle class. This is an achievement which we can share with your great country," Temer said at a Russia-Brazil business forum in Moscow.
On Monday, the speaker of Russia’s lower house of parliament Sergei Naryshkin said that cooperation with Latin American countries was an important direction of Russia’s foreign policy.
Moscow has stepped up cooperation with Latin America and BRICS countries in light of a deterioration of relations with the West, following accusations of fueling the internal Ukrainian crisis – a claim Russia has refuted.