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November 8, 2024
PI Global Investments
Precious Metals

Brazil, France partner to tackle illegal mining in French Guiana


The deal is expected to be signed when French President Emmanuel Macron visits his Brazilian counterpart Luiz Inacio Lula da Silva in Brasilia in late March, according to three of the sources.

The agreement would allow Brazil and France to launch joint operations, train police officers and share results obtained from the analysis of the composition of illegal gold extracted in both countries, according to Brazilian sources.

The deal expands a similar one signed by Lula and former French President Nicolas Sarkozy in 2008, during the Brazilian leader’s first stint as president.

“The French expressed their intention to deepen ties with Brazil,” a source at Brazil’s Justice Ministry said, adding that the new agreement would be more focused on operations than the previous one.

Brazil’s Justice Ministry did not immediately respond to a request for comment. Neither did the French embassy in Brasilia.

(By Ricardo Brito and Gabriel Araujo; Editing by David Evans)





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