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Brazil is open for business, Lula says at Chinese factory opening

Brazil is open for business, Lula says at Chinese factory opening

Reutersa day ago
SAO PAULO, Aug 15 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Friday that foreign companies that want to do business in Brazil are welcome, speaking at the opening ceremony for a factory for Chinese automaker GWM (601633.SS), opens new tab in the state of Sao Paulo.
"Count on the Brazilian government. Whoever wants to leave, leave. Whoever wants to come, we welcome you with open arms," Lula said at the ceremony.
During his speech, Lula criticized the 50% tariffs on Brazilian goods imposed by U.S. President Donald Trump, and said that his country is facing an "unnecessary turbulence."
Lula said in an interview with Reuters earlier this month that he would initiate a conversation at the BRICS group of developing nations, which includes China, about how to tackle Trump's tariffs.
The leftist leader noted that in the past automakers Ford (F.N), opens new tab and Mercedes (MBGn.DE), opens new tab have decided to scale back their operations in Brazil, but celebrated the arrival of other companies, like China's GWM (601633.SS), opens new tab. Brazil is always open to negotiating business, he stressed.
GWM's Brazilian arm has capacity to produce 50,000 vehicles per year and is expected to generate more than 2,000 jobs in the future when it begins exporting vehicles to Latin America, according to a press release.
Brazil's auto exports are expected to grow 38.4% in 2025 compared to 2024, reaching 552,000 units, data from automakers association Anfavea showed last week.
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They have hired a public relations firm to handle their relations with the media and a representative of this firm accompanied the BBC on its visit to the the BBC spoke to several other inhabitants and former inhabitants of Colonia Dignidad who support the plan to create a memorial site. Georg Klaube lived in the Colonia Dignidad from 1962 – when he arrived from Germany with his parents aged two – until 2010. Like many boys in Colonia Dignidad, he says he was given electric shocks, forced to take psychotropic drugs and was sexually abused by Schäfer."Every night I was taken to a building, I was stripped naked, they would put a black towel on my face and electric shocks were applied, here, here, here," he says, pointing to his genitals, his throat, his feet and under his arms. "I think we should have a memorial because so much cruelty happened here to both Germans and Chileans. I cannot believe there is now a restaurant in the place where so many children's tears, urine and blood flowed." Mr Klaube is part of a legal action – supported by an association of former and current Colonia Dignidad inhabitants – which claims that the leaders of Villa Baviera are not sharing out the income of the former colony fairly. They want the government to ensure that when the expropriation takes place, the indemnification payment is distributed amongst all residents and former the other victims that support the expropriation plans are former political prisoners who were tortured in Colonia Dignidad, small farmers who were evicted from their land when the German colony was established and Chileans who lived locally and were sexually abused as children by Schä was arrested in 2005 and in 2006 convicted of sexually abusing 25 children, including five counts of child rape. Several of his accomplices were also convicted. 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