Closer business cooperation between Russia and Brazil will boost growth and shore up the BRICS group of emerging economies, a deputy governor of the Brazilian state of Parana told. © Host photo agency
Closer business cooperation between Russia and Brazil will boost growth and shore up the BRICS group of emerging economies, a deputy governor of the Brazilian state of Parana told. © Host photo agency

On Wednesday, a delegation of high-ranking Brazilian officials, led by the country’s Vice President Michel Temer, attended the second day of a Russian-Brazilian business forum in Moscow, which coincided with a high-level meeting of the countries’ bilateral intergovernmental cooperation commission.

Parana State Vice-Governor Cida Borghetti told Sputnik Brazil she had a “very positive” perception of current bilateral relations between the two countries.

“Many high-ranking Russian ministers have assembled here, as well as Brazilian entrepreneurs… It is a crucial moment for development and growth that strengthens BRICS,” Borghetti said.

Both Russia and Brazil are founding members of BRICS, a club of developing economies, which also comprises India, China and South America.

Moscow has stepped up its cooperation with Latin American and BRICS countries in light.