From the fall of the Berlin Wall in November 1989 to the allied forces' triumph over Iraq early in 1991, a sense of euphoria gripped the West, even in Latin America's southern reaches. Perhaps even more important, Latin Americans have realized that their problems are their own responsibility. At the level of incentives, the integration of Latin American peoples is established as a fundamental objective of Brazilian foreign policy. For Brazil there is space for bilateral, multilateral, regional, subregional, and continental agreements. Brazil's return to democracy has had a positive impact on its foreign policy, especially given the international order that is emerging. The external commerce of Brazil is just as diverse as the society and the nation's diplomacy. Democracy provides indispensable legitimacy at a moment when the political value is attaining near universal acceptance. Japanese experience suggests useful lessons for Brazil's future development, and it demonstrates the priority of an operational partnership with an Asian industrial power.