Brazil's Lula welcomes China's Xi for state visit as ties strengthen

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Brazilian President Luiz Inacio Lula da Silva on Wednesday welcomed China's President Xi Jinping for a state visit at the Alvorada Palace in Brasilia, the latest sign of deepening ties between the two countries that analysts say may accelerate as Donald Trump returns to the White House in 2025.

Since then, the links between the two nations have strengthened in trade and investment and on Wednesday the two leaders signed 37 agreements in areas ranging from trade and tourism to agriculture, industry, science and technology, health, energy, culture and education.

Last week, Xi inaugurated a USD 1.3 billion megaport in Peru, perhaps the clearest sign of Latin America's reorientation.

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Article Details

Category: BusinessFinance

Markets: IndiaBrazilChinaPeruUnited States

Topics: Bilateral ties Brazil Lula Da Silva Trade Bilateral trade President Lula Xi Jinping

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 08:03:35 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 666 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23726877

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