What happened to Brazil-Venezuela relations? (preview)

Lula did not recognize Maduro’s 2024 election win, but his first two terms in office in the 2000s saw him make South American integration a top priority of Brazil’s foreign policy, and maintain close ties with the Hugo Chavez government of the time.

Venezuela held the world’s largest oil reserves. It was a country with limited development in other sectors, highly dependent on imports, and eager to challenge a US-led world order. Brazil, meanwhile, had industrial goods, construction companies looking to expand abroad, and ambitions to lead the political rise of the Global South. The partne...