Economic news

Brazil’s Lula to go to China with 240 business representatives, says official

2023.03.17 15:38


© Reuters. Brazil’s President Luiz Inacio Lula da Silva speaks during a launching ceremony of National Program for Public Security with Citizenship (PRONASCI II) at the Planalto Palace in Brasilia, Brazil March 15, 2023. REUTERS/Adriano Machado

BRASILIA (Reuters) – Brazil’s President Luiz Inacio Lula da Silva will visit China this month accompanied by a delegation of 240 business representatives, including 90 from agriculture sector, a senior Foreign Ministry official said on Friday.

Trade promotion secretary Daniel Fernandes said at a press briefing that all the government’s ministries will be represented on the March 26-30 visit to Beijing and Shanghai.

The ministry’s Secretary for Asia, Pacific and Russia, Eduardo Saboia, said Brazil is hoping to diversify its trade relationship with China, the largest customer for Brazilian exports, mainly soy beans and iron ore.

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