Considered one of Brazil's main trading partners, China accounted for $ 89.7 billion of Brazilian exports in 2022, with a surplus of $ 29.8 billion, a relationship that may get even better. To this end, the Interministerial meeting of the Sino-Brazilian Commission of High Level of Concertation and Cooperation (Cosban) held on Wednesday (15), at the Itamaraty Palace, listed the main proposals of each sector.

Among the main proposals of the Map are, precisely, the expansion of products that Brazil can export to China, as well as technical cooperation between countries to further improve the trade relationship.

The Minister of Agriculture and Livestock, Carlos Favaro, highlighted during the meeting the importance of China as a commercial partner of Brazil. Already the vice president and minister of Development, Industry, Trade and Services, Geraldo Alckmin, highlights the intention to attract more Brazilian investments to take advantage of opportunities to generate jobs and grow economically.

Investments

In addition to proposals for expanding exports, Mapa also works to stimulate Brazil's foreign investment in China. One of the main measures is the agreement signed between the Brazilian and Chinese governments to support the participation of Brazilian companies in the Open Investment Sectors.

In addition, the meeting also discussed the initiative to create a Working Group on Investment, which will discuss the main issues related to the topic and will carry out joint actions to expand the attraction of Brazilian investments to China.