Brazil

Brazil's increasing economic clout at the global level is being backed up by a growing military presence, which we expect to become more prominent in 2012. In late December the Brazilian government announced that it was signing a defence agreement with its Peruvian counterpart, and this was followed up in early January by news that the defence ministry was signing a supply contract to boost its naval capabilities, with a potential deal to bolster the size of its air force also in the pipeline.

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