Politics
Brazil hopes to open new markets in China with Xi Jinping's visit
This would be Xi's third stay in Brazil, after those of 2014 and 2019, in addition to a previous one before his accession to the head of the country.
Such a visit will symbolize the high esteem of bilateral relations through formal ceremonies and highlight the importance of growing trade between the two countries, despite a recent decline in investments.
Relations with China are at their best, creating a favorable environment for strengthening associations in the agricultural sector, stressed the Acting Minister of Agriculture, Roberto Perosa.
Recognized for its strong agricultural production capacity, Brazil considers China a strategic partner, both for the export of raw materials and for the development of technologies promoting the efficiency and sustainability of agro-industry.
Among the South American giant's demands are the marketing of products such as bone-in beef, cattle crackers and peanut flour, which may prove key to diversifying exports and meeting growing demand from China.
In addition to these points, the negotiation concerns a dozen products, including sorghum, fresh grapes, sesame and fish meal.
Some agreements are expected to be formalized during the Chinese leader's stay on Brazilian soil, thus strengthening trade relations between the two countries.
By expanding access to new markets, Brazil seeks to consolidate its position as one of the world's leading food suppliers, taking advantage of the opportunities presented by Xi's visit and the growing interdependence between the two nations.
According to specialists, the Brazilian government is designing a proposal to attract investments, but the model must adapt to what the country wants and not to a copy of the contract of the New Silk Road initiative.
A source involved in the negotiation process clarified that this must be done in accordance with Brazil's interests and circumstances. We have our labor laws, our tender laws, our environmental laws, our fiscal responsibility, several things that must be respected, he stressed.
Recently, President Luiz Incio Lula da Silva called a meeting with several ministers to start working on a list of projects he would like to present to authorities in Beijing.
Trade between Brazil and China reached a historic high of $157.5 billion in 2023 and has the potential to grow even further, according to a study by the Brazilian Export and Investment Promotion Agency.
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