Thank you for tuning in, and welcome to a brandnew edition of taiwan outlook. I am the program host,raykuo. Korea is rich with Investment Opportunities and people with a lot of passion. And we are delighted to have as our guest the Deputy Director of the commercial office of brazil in taipei, to talk about the state of bilateral relations between brazil and taiwan. Look into the program. Thank you. It has been a pleasure to be here. Why dont we start by asking you to give us a general background as your beautiful country . A lot of people in taiwan know very little about brazil, even though brazil is a very important country in the international community. Can you tell us a little bit about your beautiful country . For example, land size, population. Are some of the tourist destinations . Brazil is large and diverse. Brazil has about 8. 5 million square kilometers. Almost 200 million people. Populated by europeans, africans, asians. You can imagine how we have different cultures, different geography. What we have most information from outside it is one region of brazil. When you go to brazil very diverse. You have a near continent sized country. The first thing you notice in brazil a brandnew future was developed in the culture, with a mix of european, african, and local aborigines, and asians. We have such a different mix. We have a very open society. Nobody is an outsider. Nobody is a foreigner. Nobody can say who is a brazilian, who is not a brazilian. We are very inclusive on race and religion, in every aspect. That is one of the many aspects of brazil. We have a very open culture. As you know, a very unique lifestyle. It is a very productive country. Everybody knows brazil as people who know how to be happy, notice how to be friendly, and knows how to work. Exactly. We hear about brazilian soccer, brazilian music. When you listen about brazil in brick briic, it is another aspect of brazil. Everybody is working. These are two aspects of brazilian as a country. Another aspect of brazil is its flexibility. Result is very flexible. This maybe has something to do with our education. We are focused on the humanities. We find ways to solve problems, to find similarities. Brazil is, internally, very focused on peaceful solutions. We do not have border disputes. We do not have problems with neighbors. We try to help internationally. We try to be interlocutory us. Interlocutors. As we do it internally, we try to do externally. As you mentioned at the beginning of the program, many people confine their knowledge of brazil to the soccer team, the Natural Resources you are so richly endowed with. And maybe, upcoming, the world cup, and also the 2016 olympics in rio de janeiro. That is not all the country, as you explained now. And we look at the relationships between brazil and taiwan, what is your assessment of bilateral relations, given the fact that you have so much opportunities in brazil, and so many people in taiwan that are very goal oriented, hardworking, and maybe that serves as a Good Foundation for the two places to have a closer relationship . What is your assessment . What i can say is the keyword for the relation between taiwan and brazil is, we are at opposite sides of the world. We cannot be further away on the same planet. But we do not compete in markets. Our commerce, or trade, is very good. He had a trade of about 5. 5 billion. That is larger than brazil trades with some neighbors. Brazil has a surplus in its trade. Brazil sales to basic products. Taiwan sells to brazil mostly computer parts and components. What is important is, we can work with each other to become expert to let in other regions. For example, in the investment area, a lot of Companies Invest in brazil, not just in the brazilian market, but invest two sends to other markets close to brazil. There is one Company Opening a fifth plant in brazil. This is the first plant outside of asia. The first plant is in brazil. Acer expanded its plans in brazil. A lot of Taiwanese Companies are invested in brazil. Not just because of the brazilian market, but using brazil as a platform for the region. Can i say, so far, we do not have many brazilian investments in taiwan, but we have a path for that, especially in the food industry, because brazil has Strong Companies in the food industry. Taiwan also has. We have corporations in this area. We can cooperate with Taiwan Companies and Resilient Companies to export brazilian Food Products to the asian market. Taiwanese companies have a lot of knowledge about the market, a lot of penetration in the market, and know about consumer taste, consumer preference. I think we can and must cooperate. Complementary is the keyword. We do not have a single place where we compete. I think we could use the distance as a factor. It is not a disadvantage. Given that brazil has so much Natural Resources and so many opportunities available, what are some of the incentives that you can offer to prospective Foreign Investors . For example, on taxes. Also on the supply of labor and the acquisition of land for plants, for example. The first incentive that brazil provides, i think especially to Taiwanese Companies is [indiscernible] many people do not know that, but brazil is the first worldwide for computers, the fourth worldwide for mobile phones. It is not a normal market. You must have a special strategy for that. But not just that. About six months ago, resilient had a federal law making an extension of federal taxes for the production in brazil of tablets and smartphones. Speaking clearly, that aims for taiwanese and south korean companies. Good, great. We just have to work to make use of this opportunities, yes. That is a special, i think, for taiwan we have a special reason to invest. Not just for the market of brazil. In we have the special agreements with african markets. We have a special agreement with europe, that we can export from brazil to europe. Of course, in brazil, you have the protection of investment, the protection of intellectual property. You have a stable democracy. I think that is very important when you are going to make investments. We are not talking about, just about we do not want just to receive money. Brazil is eager to receive investment in technology to create jobs. But it is open to provide loans. The Brazilian Development bank has very crude conditions to provide loans for companies that want to invest in brazil. That is not a problem, but what we really want is to have investment in brazil to create jobs. I want to be clear about this area. I understand about brazilian policy, about investments in brazil. We really Want Companies to produce in brazil. Why is that . We are really worried about the quality of the quality of employment in brazil. That is the reason. We will continue in another part of the program. We need to take the first break. I will be right back. Welcome back to the second part of todays row gram. I am your host. We will continue the conversation with the current Deputy Director of the commercial office of resilient taipei. Might apologize my apologies for interrupting you earlier. Let us get back to the concept which i am very interested in, the equality of employment in brazil. As i explained, sometimes there is a misconception about the brazilian industrial policy. Why does brazil Want Companies to produce in brazil, and not just import every product . That is related to the equality of employment. Brazil, right now, is having maybe the lowest unemployment rates in its history, dissimilar to what is happening in many other countries. Why are we still so worried about the equality of employment . Brazil, historically, has two main challenges. One is its infrastructure deficit. Brazil, although it has a lot of Natural Resources, has a difficult geography. We are working on that. The other, we have a difference between rich and poor. We are working on that. We have made a lot of progress in this area, but we have a lot to do yet. Really, where we are involved, is having better jobs. Not just having jobs. Right now, we have jobs. We have jobs. Almost everybody has jobs. Most have middle income jobs. That is what we aim for. Brazil has all the Natural Resources to be a very good producer of energy, of soybeans. But every culture is not a very laborintensive industry, especially largescale agriculture. It is all mechanized, yes. And the energy is also not a laborintensive industry. We have 200 million people. That is why we are really worried about industrial jobs, where we have the middle income jobs. That is why we incentivize companies to produce in brazil, to have access to the brazilian economy. And we give them something back. That is access to the market, investment, freedom to pull out the investment. It is really an open market. I would like to make it clear that brazil is not a protectionist state. Resilience worried about its people, and that is the role of the state. We also talked just now about the number of taiwanese firms that have made substantial investments in brazil. Most of these countries are in the high tech area. Given the fact that you have such a Large Population and a huge country, you mentioned the first thing brazil can offer to prospective Foreign Investors is the sizable domestic market that you have. You also mentioned you would prefer equality employment, equality jobs. Higherpaying jobs are very important for the brazilian government. Maybe in the future we can look into, for example, Retail Businesses in brazil, since you have such a big population, a huge market. And related to Retail Business tourism, hospitality, restaurants. All of these things do you think that some of these industries will be of attraction to some of the taiwanese investors who are looking at the brazilian market . I think we have a lot of related industries that have a very open market and very protective market. Especially, initially we are really worried about the improvement of infrastructure. As brazil has grown very fast for the last years, f20through f the international crisis, brazil has grown an average of 4. 6 a year. That is very fast. Very impressive. We have reached a problem, which is the wattle neck of infrastructure. It happened also in our history sometimes before. But we are not in the same situation, because we made an investment of about half 1 trillion at the same time in infrastructure. That is very large. That is amazing. We knew what we were doing was not necessary. It was called the program for the acceleration of growth. It was three programs, with investment from the government and private. I think the first aspect in brazil no doubt, we will have a return in infrastructure. We have investment in airports, in roads, railroads, subways. Why is that . Because we are investing a lot. Everything we are investing is being used. Everything that is being invested, right now, we have a sure return. And Infrastructure Investment is also open to Foreign Investors. Also, we give you all the necessary information for investment. It is very easy to get. We help with projects. We are working to present our project, looking for investors in infrastructure. We went to about 10 countries, to present our infrastructure products. Open to investors. Not just open. We are looking for partners. Let us talk about sports. We understand brazil is ready to host the 2014 world cup for soccer, and the 2016 Olympic Games in rio de janeiro. Given the fact you have so much world attention on the Upcoming International sporting events, are there any Investment Opportunities that you can share with us that are related to some of these sporting events that are coming up in brazil . They can get a little repetitive. The investments we made for the world cup about 30 were for the stadiums. About 70 were infrastructure, urban development. That is why we are sure we will have a return. The provision is that it will be fully used by the time they are read. In any investment in exploration it is really welcome. Of course, we will use it, and we will have a very fast return. We assess that the world cup will have an impact on our gdp of about 90 billion. The Olympic Games will have an impact of about 50 billion. Both very sizable. We understand that brazil is getting many sports. Of course, top of the list is soccer, football. Other than football, recently brazil has done very well in the sport of baseball. For example, the recently concluded world baseball classic, team brazil has done very, very well. In taiwan, traditionally, baseball is considered our National Sport will stop is there any room or possibilities for the places to cooperate together in sports exchanges and cooperation . Your Coaching Staff may be able to come to teach our younger players to help play the game better. Maybe we can do the same in baseball. When we have space for that, it is really a good idea. We have baseball. A lot of brazilians do not know that. We have done it forever. For the first time, we joined in the world baseball classic. Now, we are 15 in the ranking. Taiwan is number four. We have about 100 teams. Most are amateur, but we have about 300 people playing baseball in sao paulo. We have a lot of players, especially because we have a lot of japanese immigrants many years ago. We have a center of training in sao paulo that is developing a lot of baseball. We have a lot of places to learn about that. A brazilian friend of ours, every two or three months, has a program of exchange of cultures. They go to brazil and have two weeks or three weeks of seminars and workshops. We talk about coaching styles. A taiwanese soccer coach could surely enjoy that. We could find some Common Ground for exchanges, especially at the Baseball Training Center in san paolo. We need to take another break. We will be right back. Welcome back to todays program on the taiwan outlook. We will continue our discussion with the Deputy Director of the commercial office of brazil in taipei. Let us talk a little bit about tourism. We set at the beginning that even though brazil is a very, very important country, a lot of people in taiwan do not know much about it. Tourism could be very effective for people on both sides to get to know each other better. What are some of the world class tourist destinations you have in brazil . I will talk to you a little about the most known place. And a little about the secret ones. The ones brazilians like. That i think you will like to. Too. The most known place is our wonderful city, as we call it rio de janeiro. It is most known for its carnival. But it is beautiful all year long. It is a great city by the sea, with beautiful mountains. The most important is that it is brazils future capital. You have the brazilian lifestyle. You have beaches. You have a lot of music. Brazil is the original home of somber and bossa nova samba and bossa nova. You really have the brazilian feeling that you can walk around the beach. People are friendly. You can go to a soccer game. We can enjoy it with a whole heart. What is really interesting is that brazil is going to a new golden age. It is having a lot of investment. The cities have been renovated. It is one of the Top Destinations in the world. It is worth going. It is already worth it. But brazil is very diverse. If you go to brazil, stay longer. You will have a lot of good surprises. Another is the amazon rain forest. It is amazing. It is diverse. One of the seven wonders of the world. It it takes about 40 of the territory of brazil. You can stay in the middle of the forest. People go into the forest to see how the indians live, to achieve food, and to have a real contact with nature. It is a lifechanging experience. I would imagine. What would be the best time to visit brazil . If you are going to brazil for the first time, like myself, what is the recommended length of stay on the first trip . I think to the amazon we have a special time to go. It is better to go from july to december. It is called the equatorial summer. The summers and the winters are reversed. It is a time that it does not rain. That is not true. It is a rain forest. The people that live there tell a joke. In the winter, it rains all day. From july to december, it rains about half an hour at the end of the day. You can enjoy the trip very well. Outside of the amazon and rio de janeiro, a lot of taiwanese people in the south of brazil, very beautiful waterfalls. Close to the falls, you can go to a place that is not very known. It is the Worlds Largest wetland. If you go to that place, you are going to hire a horse. If you go for one hour, two hours, you are going to see dozens of different kinds of animals in their habitat. It is like you are in a zoo, in an open zoo. It is amazing. You are going to see really dozens and dozens of animals. More than in the amazon. The diversity is incredible. It is really incredible. If you are going to the falls, there is a large colony of taiwanese People Living close to paraguay. If you go there, go to the waterfall. It is close and it is really worth it. Resilient people really like to go to the northeast. It is very nice to go to. It is a state that had a lot of african influence. You are going to have very interesting music, food, and historical places. A beautiful place. A secret place is an island that every brazilian dreams to go to. It is an amazing preserved place , with limpid water, sky diving. Just beautiful. Amazing. How many tours do you receive in a year . Taiwan householders are now granted visafree status in 132 countries and places around the world. Unfortunat