Brazilian Foreign Minister Antonio Patriota announced his country’s new President, Dilma Rousseff, will continue the policies of former President Luiz Inacio Lula da Silva, in regards to Iran: “Rousseff will stay on the path of her predecessor and mentor Lula da Silva.”
Now Iran will open a trade center in Brazil. The move is meant to increase trade between the two countries. According to a 2009 IMF report, Brazil is Iran’s largest trade partner in South America. Iran also has trade deals with Venezuela, Ecuador, and Cuba.