Be Dynamic, Be Like Brazil

Brazil’s October 25, 2026, elections witnessed President Lula win a fourth term, at a crucial time when Brasília is navigating a fragmenting global trade order. In this chapter of the KEMP Report 2026, Foreign Trade Secretary Tatiana Prazeres explores Brazil’s dual-track approach: expanding bilateral and plurilateral trade agreements while supporting multilateral trade reform. Brazil demonstrates how middle powers can strengthen resilience and preserve strategic flexibility.