From the airport, Israel's prime minister traveled to Copacabana Fort where he will meet Bolsonaro for the first time.
On Sunday, Netanyahu is scheduled to meet separately with leading Brazilian journalists, leaders of the Jewish community; leaders of the Evangelical community; and Honduras president Juan Orlando Hernandez. Both leaders just never publicly touched on the topic, instead choosing to focus on strengthening bilateral ties.
Bolsonaro said he wants to increase economic and security bonds between Brazil and Israel. Brazil-Israel relations during that period were clouded by Brazil's harsh criticism of Israel' policies and its strong support for the Palestinians. Later, while visiting a synagogue, the President-elect reiterated the Brazilian desire to form "partnerships and agreements", once again eluding the topic of Jerusalem's recognition.
Shares in Brazilian gun maker Taurus Armas SA have climbed some 88 per cent year-to-date amid expectations that Mr Bolsonaro would win the election and follow through on promises to liberalise gun laws.
Netanyahu arrived in Brazil on Friday morning, landing in Rio de Janeiro for the first-ever visit by an Israeli prime minister to the South American power.
Netanyahu, the first Israeli prime minister to visit Brazil, flew in to Rio de Janeiro to meet with Bolsonaro, an ideological ally who takes office on January 1 after his election victory in October.
Bolsonaro said Tuesday he is looking to import Israeli technology to produce water for Brazil's parched northeast. "We look forward to welcoming many more of our friends and allies in Jerusalem", the official said.
The State Department official said that Bolsonaro has taken a very forceful approach to human rights in the Western Hemisphere. He also spoke of cooperation in military and agriculture matters.
Other VIPs attending include conservative Chilean President Sebastian Pinera, Hungary's far-right Prime Minister Viktor Orban and US Secretary of State Mike Pompeo.
Bolsonaro discussed Israel during a meeting in Rio with Trump's national security adviser, John Bolton, late last month.
Brazil is a major exporter of beef to Arab countries, and has come under threats of a boycott if it goes through with Bolsonaro's pledge to move the embassy.
The Israeli prime minister also serves as his country's foreign minister. Brazil-Israel trade now amounts to $1.2 billion. It is a great country with great potential for Israel in economics, diplomacy and security.
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