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Tuesday 20th March 2018

China’s Jinping to Visit Brazil for BRICS Summit


7Dnews London

Mon, 09 Sep 2019 19:56 GMT

Chinese President Xi Jinping is planning to Visit Brazil in November to strengthen political and economic ties, Brazil's Vice President Hamilton Mourao said on Monday, September 9th, according to Reuters.

The visit coincides with a summit of BRICS countries, a group of nations that includes Brazil, Russia, India, China and South Africa, added Mourao during a press conference in Sao Paulo hosted by Brazil-China Business Council.

Brazil hosts the BRICS summit this year from November 13th-14th.

"China recognizes in Brazil a key regional partner," Mourao said, noting that trade between the two countries reached $100 billion in 2018. Trade should remain around these levels this year as China increased imports of meat from Brazil following an outbreak of African swine fever, he said.

On the same context, Brazil's Agriculture Ministry said that China gave official permission to 25 Brazilian plants to export meat to China, to raise the number of the authorised plants to 89.

China has been Brazil's top trade partner for a decade, Mourao said, adding that Brazil's government will keep the channels of commerce open with a number of projects in mining, oil and logistics for private investment.

"The Chinese have interest, capital and experience to expand and diversify investments in Brazil," Mourao said.

Mauro added that the Chinese visit to Brazil might be preceded by Brazilian President Jair Bolsonaro's visit to China in October.

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