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Bolsonaro and Xi cheer strong and growing Brazil-China relations

Stock Markets Nov 13, 2019 11:08AM ET
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© Reuters. BRICS summit in Brasilia

BRASILIA (Reuters) - Brazilian President Jair Bolsonaro and Chinese President Xi Jinping on Wednesday praised strong bilateral relations between their countries and signaled a desire to expand two-way trade in a brief public ceremony in Brasilia.

Their comments underscored how far diplomatic relations have come since Bolsonaro's repeated bashing of China on the campaign trail last year, which sparked concerns that he could disrupt one of the world's biggest trading partnerships.

"We want to more than expand, we want to diversify our trade relationship," Bolsonaro said.

China and Brazil announced a list of agreements including an accord to allow the transfer of convicted prisoners between the two countries to serve their sentences, protocols to allow an expansion of the fruit trade and broad memorandums of understanding to cooperate on transportation, investment and the service sector.

Leaders of major developing nations known as BRICS - Brazil, Russia, India, China and South Africa - are meeting in Brasilia on Wednesday and Thursday but little in the way of major policy announcements is expected from the sessions.

Bolsonaro and Xi cheer strong and growing Brazil-China relations
 

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Comments (2)
Stefon Walters
AgapeGrace Nov 13, 2019 7:05PM ET
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Chinese belt and road initiative = Brazil now enmeshed within communist china’s survellance state. 59 “independent” countries and counting now. There is a pernicious reason the US government is taking a hard stand against Chinese technology infiltration.
Vi Miranda
unknown314 Nov 13, 2019 12:06PM ET
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Trump is the best thing that happened to developing countries ever.
 
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