/ world today news/ Today Brazilian President <a href="http://www.world-today-news.com/brazil-lula-defends-bolsonaro-in-case-he-is-accused-of-interfering-in-the-police/" title="Brazil: Lula defends Bolsonaro in case he is accused of interfering in the police |”>Luiz Inácio Lula da Silva arrives on a three-day state visit to China. This is his third visit to the Asian country as Brazil’s head of state and his first since taking office for a new term this January.
Lula da Silva is one of the world’s politicians who have an extremely positive attitude towards China. During his first term between 2003 and 2010, he visited the country twice and attended the opening ceremony of the Beijing Olympics in 2008. Since then, Sino-Brazilian relations have been actively developing and the statistics clearly show this – for 14 consecutive years, China is Brazil’s largest trading partner, and Brazil is the first Latin American country whose trade with China has exceeded $100 billion.
Economic issues will be the focus of Lula da Silva’s current visit. Brazil is currently facing the important task of recovering from the COVID-19 epidemic, and its president is committed to working for its reindustrialization. China also strives for its high-quality development and high-level opening, which creates opportunities for all countries in the world, including Brazil.
Carlos Favaro, Brazil’s agriculture and livestock minister, said in an interview in Beijing: “We want to cooperate more with China to jointly increase the production capacity and output of the two countries.”
At the same time, another piece of good news emerged in favor of bilateral trade and investment facilitation. In late March, the Brazilian government said it had reached an agreement with Beijing to make trade settlements in national currencies. This agreement is believed to help avoid the negative effects of the US dollar and reduce trade costs.
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