Brazil plans to reopen its embassy and restore full diplomatic relations with Syria in the hope of participating in the war-torn country’s reconstruction.

"Our wish is to fully reactivate the Embassy and send a resident ambassador to Damascus," Brazilian foreign minister Aloysio Nunes Ferreira said in an interview in Brasilia, adding that President Michel Temer had instructed him to carry out a feasibility study. Preliminary feedback from intelligence and defense officials is positive, he said, and a decision will be taken in the next few days.

Brazil recalled all of its diplomatic staff from Damascus in 2012, but it has kept a functioning embassy building where local staff have handled mostly consular issues, while a Beirut-based charge d’affaires maintains contact with Syrian officials. The South American country has at times endorsed the international condemnation of President Bashar El-Assad, but it has refrained from supporting any of the insurgents groups backed by Western and Arab countries during the conflict.

In his assessment of why Brazil should expand its diplomatic presence in Syria, Nunes Ferreira said the country was a "hot spot of world politics" and home to an estimated 1,500-strong Brazilian community. The minister also said that an increased level of representation would be good for business. When the war ends, Brazilian companies could participate in the reconstruction, he added.

Latin America’s largest economy is also home to a significant community of Syrian and Lebanese origin. One of its most famous representatives is Michel Temer, the current president.

In recent years, Brasilia has sought to increase trade with the Middle East, but efforts to strike deals on transport and infrastructure with the Iranian government have come up against serious obstacles, most notably the U.S Treasury.

Brazil is a friendly country and its companies are most welcome, the Syrian charge d’affaires to Brasilia, Mohamad Khafif, said in an interview. "Our forces have taken back most of the territory, including our industrial capital Aleppo, which has become so busy that it now looks like an anthill," he said. "There are huge opportunities for foreign private and public companies as well as joint-ventures."

With the support of Temer’s government, Brazilian companies have attended two recent business fairs in Damascus. Among them was Prime, a cosmetics group that had a stand at the Damascus International Fair in August.

"I was reluctant to go but I saw great possibilities," said Alessandro Chimentao, Prime’s international director. He said Syrian companies have already asked him to send documents for a contract and consider the possibility of opening a hair products factory. "It takes patience to do business in countries that are recovering from conflict," said Chimentao, who also exports to Iraq and Algeria. "But when things happen, you get spectacular rewards. And locals treat you as if you were God."

Another Brazilian company, the pharmaceutical group EMS, was quoted in Syrian state media as discussing the construction of a factory with local partners. In a statement to Bloomberg, EMS declined to elaborate on its plans but acknowledged it had participated in the Re-Build Syria fair in September as part of its strategy to expand internationally.

Cecil, a brass and copper products maker that was said to discuss business plans with Syrian authorities in Damascus, didn’t respond to repeated requests for comment.

Brazilian businessmen have also met with Syrian ministers.