Chinese Presidents and Brazilian Vice-president Forge Stronger Ties as Multiple Agreements Are Signed

Chinese President Xi Jinping met with Brazilian Vice President Geraldo Alckmin in Beijing, as both countries signed multiple agreements, from agriculture to capital markets and satellite launches.

“In April last year, President Lula and I reached an important consensus on leading and opening up the new future of China-Brazil relations in the new era”, Xi said after the meeting on Friday.

With joint efforts in the past year, the two countries have continuously deepened strategic mutual trust, steadily advanced pragmatic cooperation, and closely coordinated on the international stage. This has not only promoted their respective development, but effectively safeguarded the common interests of all developing countries, Xi said.

Brazilian Government Takes 200 Businessmen to Beijing to Strengthen Trade

By grasping the strategic nature of their ties, the two countries should make the ties more mutually beneficial and comprehensive, continue to enhance strategic coordination, and add new dimensions to the China-Brazil friendship, Xi said.

He said that China is willing to work with Brazil to continue to make strategic plans for bilateral relations with more forward-looking vision, give full play to the role of the China-Brazil High-level Coordination and Cooperation Committee, consolidate cooperation in traditional areas, expand cooperation in emerging fields such as green economy, digital economy and innovation, and explore greater synergy between the Belt and Road Initiative and Brazil’s reindustrialization strategy and the “Routes for South American Integration” initiative.

As the two countries celebrate the 50th anniversary of diplomatic relations this year, they should strengthen exchanges and cooperation in various fields, including legislative bodies, political parties, local governments, culture, education, tourism and youth, Xi said.

Brazilian Coffee Exports to China Expect USD 500 million Jolt With New Deal

China backs Brazil’s greater role on the international stage and its hosting of the G20 Leaders’ Summit this year. China is also ready to enhance communication with Brazil and other members of the Community of Latin American and Caribbean States for further development of China-Latin America relations in the new era, Xi added.

Alckmin conveyed President Lula’s cordial greetings to President Xi. He said that in recent years, hundreds of millions of Chinese people have been lifted out of poverty, which is a miracle in the world, and the relevant experience is of great significance for Brazil.

Alckmin said the Brazilian government is committed to inclusive and sustainable growth and is willing to enhance the synergy of development strategies with China. Brazil welcomes more Chinese companies to invest in Brazil and enhance cooperation in infrastructural construction, agriculture, mining, new energy vehicles and climate change response, he said.

Brazil’s Vice-President Leads Delegation of Ministers to China

Both Brazil and China are committed to upholding multilateralism and free trade, share the same views on many major issues, and enjoy huge potential and broad prospects for cooperation, Alckmin noted. He added that Brazil is willing to work with China to enhance bilateral and multilateral strategic coordination, upgrade bilateral relations to a new level, and make contributions to building a more peaceful, just and sustainable world.

Chinese Vice President Han Zheng held talks in Beijing with Geraldo Alckmin and they co-chaired the seventh meeting of the China-Brazil High-level Coordination and Cooperation Committee (COSBAN) in Beijing. Han said that under the strategic guidance of the two heads of state, China and Brazil have been firmly supporting each other on issues concerning their core interests, taking win-win cooperation as the driving force, constantly deepening political mutual trust and strengthening strategic coordination.

Cooperation in various fields such as economy, trade and aerospace has achieved tangible results, setting an example of South-South cooperation. China and Brazil are major developing countries and important members of BRICS with broad common interests, Han said.

Xi Jinping Plans Strategic Visit to Brazil in November

During Cosban’s 7th plenary session, multiple acts were signed, including a Memorandum of Understanding for Cooperation on Public Policies for Micro and Small Enterprises between the Brazilian Ministry of Entrepreneurship, Micro and Small Enterprises (MEMP) and the Ministry of Industry and Information Technology of China (MIIT).

A Protocol between the Brazilian Ministry of Agriculture and Livestock (MAPA) and the General Administration of Customs of the People’s Republic of China (GACC) on health and quarantine requirements for pecans was also signed, along with a Memorandum of Understanding between the Brazilian Ministry of Finance and China’s State Administration of Foreign Exchange (SAFE) on Enhancing the China-Brazil Cooperation Fund for the Expansion of Productive Capacity in Sustainable Development. The agreement aims to review the fund’s governance structure, develop its operational framework, improve bilateral investment cooperation, and identify concrete projects.

Other acts signed were a Declaration of Intent for the joint construction of a geostationary meteorological satellite (CBERS-5); a Memorandum of Understanding between Brazil’s Superintendence of Private Insurance (SUSEP) and China’s National Financial Regulatory Administration (NFRA), to deepen cooperation in insurance supervision; the First Amendment to the Memorandum of Understanding between the Brazilian Securities Commission (CVM) and the China Securities Regulatory Commission (CSRC) for Securities Regulatory Cooperation aims to broaden avenues for mutual assistance and information exchange. This amendment seeks to deepen regulatory collaboration within the financial and capital markets; Visa exemption for travel to Brazil is now extended to holders of Public Affairs Passports issued by the People’s Republic of China, under the Visa Waiver Agreement for Diplomatic and Official Passports.

 

 

Other articles

Brazil

Brazilian Coffee Exports to China Expect USD 500 million Jolt With New Deal

Brazil

China’s SPIC Invests USD 147 million in Brazil Wind Farms and Launches Solar Parks