FILE PHOTO – Brazilian President Luiz Inácio Lula da Silva shakes hands with Chinese Vice President Xi Jinping during a meeting at Planalto Palace in Brasilia. February 19, 2009. REUTERS/Roberto Jayme

Brazilian President, Luiz Inácio Lula da Silva will seek investments in many sectors during his trip to China in MarchBrazil’s main trading partner and one of the country’s biggest investors, said its vice president, Geraldo Alckmin.

“The goal is to attract more investment. We have many possibilities and opportunities, mainly in renewable energy, green hydrogen, infrastructure, health complex, aerospace, education, science and technology, agriculture and tourism,” said said Alckmin, who is also Brazil’s minister of development, industry and trade. .

After an interministerial meeting on Wednesday to prepare for the Head of State’s trip to China, the date of which has not yet been set, the Vice President added that there is no area in which the relationship with the Asian giant can only be broadened and deepened. .

He also said that another objective is to diversify bilateral trade with Chinawhich since 2009 has supplanted the United States as the main destination for Brazilian exports, but whose demand is mainly for raw materials.

The Brazilian government considers it has great prospects for expanding relations with China as Lula is seen as a more reliable partner than former President Jair Bolsonaro, who has repeatedly criticized Chinese investments in Brazil and gone to hold Beijing responsible for the covid-19 pandemic.

The possibility of a closer rapprochement at this time was confirmed by China’s decision to send its Vice President, Wang Qishanat Lula’s investiture ceremony on January 1.

FILE PHOTO: Brazil's President Luiz Inacio Lula da Silva gestures during a meeting with governors, at Planalto Palace in Brasilia, Brazil January 27, 2023. REUTERS/Ueslei Marcelino/File Photo
FILE PHOTO: Brazil’s President Luiz Inacio Lula da Silva gestures during a meeting with governors, at Planalto Palace in Brasilia, Brazil January 27, 2023. REUTERS/Ueslei Marcelino/File Photo

The Brazilian progressive leader has already planned that he will use his trip to China to promote his idea of ​​creating a group of countries that can try to mediate in the war between Ukraine and Russiawho has already proposed it to the leaders of the United States, France and Germany.

“Lola is right. We need to promote peace. The articulation of countries that are not directly involved in the conflict is important. Brazil has a tradition of working for peace and Lula’s leadership can make a difference,” said said Alckmin.

According to official data cited by the vice president, China’s cumulative investment in Brazil amounts to nearly $70 billion.

He Two-way trade between Brazil and China tops $150 trillion a yearwith a surplus for the Latin American country of 28,000 million dollars.

The vice president said the date of Lula’s trip to China has not yet been set, but it will most likely be in the second half of March.

With information from EFE

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