After the Amazon, Emmanuel Macron and Lula celebrate the Franco-Brazilian partnership in submarines. France is the fourth largest investor in Brazil, with more than 40 billion in direct investment stocks in the country.

“Brazil is not up to par in terms of investment in France (two billion euros) when we see the size and expertise of Brazilian conglomerates,” notes the Élysée. On Thursday, the French president will be welcomed in the capital Brasilia by Lula at the Planalto presidential palace.