Brazil is Germany's largest economic partner in South America. Due to their market size, the two countries play a prominent role in their respective regions – the Common Market of the South (Mercado Comum do Sul/Mercado Común del Sur) and the European Union. Brazil plays an integral role for many German companies as both a supplier and consumer of internet and e-service infrastructure. The Brazilian Information and Communication Technology (ICT) market ranked 9th in the world in 2020 and was valued at USD 49.5 billion.
Both countries possess a mature policy and regulatory environment for digital technologies. Digitalisation of the economy is being strategically promoted by their respective governments. The German Federal Ministry for Digital and Transport (BMDV) and the Brazilian Ministry of Science, Technology and Innovation (MCTI) conduct a bilateral Digital Dialogue. Within this Digital Dialogue, they implement activities to support the digital transformation of small and medium-sized enterprises, as well as strategy-building initiatives in the areas of internet governance, data protection, Industrie 4.0, artificial intelligence (AI), industrial 5G applications and cybersecurity.
In March 2021, the first German-Brazilian Digital Dialogue took place with high-level political leadership. The event also involved stakeholders from German and Brazilian businesses. The high-level meeting enabled the two ministries to agree on proposals for cooperation and adopt a bi-annual work plan. The focus for 2022 and 2023 is on (1) internet governance and data policies, (2) emerging technologies and (3) digital business opportunities.
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