Via sfgate.com: Brasil

Tuesday, May 11, 2010 (SF Chronicle)

Brazil makes push to work with Bay Area firms Andrew S. Ross

Of the four emerging economic powers collectively known as BRIC - Brazil, Russia, India and China - Brazil has received the least attention in the Bay Area, despite being the world's fifth-largest country and eighth-largest economy.

"It just isn't on our radar," said an executive of a major Bay Area industry group.

Brazil is looking to change that, beginning today when a government delegation, led by the country's minister of science and technology, meets with prominent Bay Area companies to encourage investments and joint ventures, especially in the information technology and clean-tech areas.

"We want to show how Brazil is growing, and how the Bay Area should look at us as an alternative to China and Asia," said delegation member Augusto Gadelha, the ministry's information secretary. For interested Bay Area companies, incentives include reduced taxes, or even zero taxes. "We are preparing to offer competitive conditions," said Gadelha.

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http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2010/05/11/BUT71DC7QQ.DTL