Xi Jinping’s visit to Brazil raises ‘high expectations’ for agribusiness, aviation deals

Brazilian Vice-<a href=President Geraldo Alckmin (right) arrives for a meeting with Chinese President Xi Jinping (not pictured) at the Great Hall of the People in Beijing on June 7, 2024. Photo: AFP" />

Xi Jinping will meet his Brazilian counterpart in Rio de Janeiro in November, Brazil ’s vice-president told the Post, a summit poised to yield agreements that could bring the countries closer economically.

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Geraldo Alckmin said the two sides were preparing a robust agenda and planned to sign several agreements during Xi’s stay in Rio, which will host the G20 summit.

The visit will take place nearly a year and a half after the Chinese leader met with Brazilian President Luiz Inacio Lula da Silva. The trip to Beijing in April last year produced more than 20 agreements valued at an estimated US$10 billion.

The wide range of deals that the leaders are expected to sign underscores how far the countries have come since the administration of Lula’s predecessor, Jair Bolsonaro, which was characterised by stable trade relations but geopolitical distance.

Chinese President Xi Jinping (left) and Brazilian President Luiz Inacio Lula da Silva attend a welcoming ceremony at the Great Hall of the People in Beijing on April 14, 2023. Photo: Reuters

The discussions would focus on “expanding trade and investment flows, exploring new areas of technological and scientific cooperation and the infrastructure sector”, Alckmin said.