Foreign Aid
Overseas aid has become an increasingly important tool for Brazil's foreign policy. Brazil provides aid to various countries in Africa and Latin America through the Brazilian Agency of Cooperation (Abbreviation: ABC; Portuguese: Agência Brasileira de Cooperação), in addition to offering scientific, economical, and technical support to programs in various countries. Estimated to be around $1 billion annually, Brazil is on par with China and India and ahead of many more traditional donor countries. The aid tends to consist of technical aid and expertise, alongside a quiet non-confrontational diplomacy to development results. Brazil's aid demonstrates a developing pattern of South-South aid, which has been heralded as a 'global model in waiting'.
Read more about this topic: Foreign Relations Of Brazil
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