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The Turkish arms manufacturer operating in Brazil

by 198 Mexico News
January 19, 2022
in BUSINESS NEWS FROM AROUND THE WORLD
Reading Time: 1 min read
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Jan 19, 2022 9:08 5 min read (Updated: Jan 19, 2022 9:09)

In October 2019, Turkish investor Emrah Kalan spent a week in Brasília to meet with senior government officials and influential members of Congress. At the time, Mr. Kalan had just made an investment in AEQ, a warhead factory valued at USD 2.2 million in the city of Quatro Barras, in the southern Brazilian state of Paraná. Soon after, Mr. Kalan was named AEQ’s vice president.

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During the same trip in 2019, Mr. Kalan was introduced to senior officials at the Defense Ministry by Luiz Alberto Cezar, a Brazilian businessman who is an honorary Turkish consul in Paraná. “When Mr. Kalan…

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