Brazil vice president says Amazon rainforest must become “bio-economy” hub

Brazil needs to attract investment, particularly from the BRICS block of nations, to create a new model of sustainable development in the Amazon rainforest, grounded in scientific research, Reuters quoted Vice President Hamilton Mourao as saying on Monday.

"It's important that we attract capital from China, Russia, India and even South Africa for this investment," Mourao said in comments broadcast by BandNews TV.