Angola–Brazil relations Angola–Brazil relations Angola–Brazil relations refers to the historical and current bilateral relationship between Angola and Brazil. Brazil was the first country to recognize the independence of Angola, in November 1975. Commercial and economic ties dominate the relations of each country. Both countries are former colonies under the Portuguese Empire; Brazil from the early 16th century until its independence in 1822, and Angola until its independence in 1975. Due to their status as former Portuguese colonies and the transatlantic slave trade, Brazil and Angola have a long and important history of economic ties. Period of the transatlantic slave trade In 1646,
Uruguay and the International Monetary Fund that an economic downturn in neighbouring countries Argentina and Brazil, as well as a slowdown in China, are contributing factors to Uruguay's slowed economic growth. Despite this, Uruguay's heavy utilization of IMF credit has been heavily correlated with its lasting stability in the South American region. Additionally, Uruguay has been able to keep pace with, or in some cases outperform, the GDP growth rate of neighbouring countries: Brazil and Argentina. IMF chief Christine Lagarde warns of 'dark future' over climate change Uruguay and the International Monetary Fund The relationship between Uruguay and the International Monetary Fund (IMF) began when Uruguay