2008 witnessed political stability in Brazil whereas local elections were unfolded orderly with a relative high reelection rate as the most prominent character of the electoral year. As the fiscal and macroeconomic situation was turning for the better，the country got investment grade from 3 international credit rating companies. The social situation was further improved with increasing employment and declining poverty. While actively getting involved in international affairs，developing relations with developed countries and strengthening ties with developing countries，deepening the integration of South America still topped Brazil’s diplomatic agenda.