Brazilian Mission in Beijing Trying to Curb China’s Export Appetite

A team from the Brazilian Ministry of Development, Industry, and Foreign Trade departed, for Beijing, the capital of China, where they will begin negotiations for the Chinese to set limits on their exports to Brazil of items considered prejudicial to certain Brazilian industrial sectors.

The mission is coordinated by the secretary of Foreign Trade, Armando Meziat, and is integrated by representatives of such organizations as the Center of Industries of the State of São Paulo (Ciesp), the Brazilian Footwear Industry Association (Abicalçados), the Brazilian Textile Industry Association (Abit), The Brazilian Toy Industry Association (Abrinq), and the National Tire Industry Association (Anip).


The Minister of Development, Luiz Fernando Furlan, will join the group next Wednesday, September 28, for encounters with the Chinese ministers of Trade and Planning, for the “purpose of intensifying relations between the two countries and reviving trade talks,” according to secretary Meziat.


According to Meziat, the prospects for the trip are the best imaginable. “Considering that this negotiation between the two countries follows a suggestion made by the Chinese government itself, I have an optimist outlook with regard to the results that will be achieved by the mission,” he remarked.


The technical negotiation includes the adoption of self-restrictions by the Chinese on exports of products such as shoes and fabrics, the sales of which have risen substantially in Brazil.


Agência Brasil

Tags:

You May Also Like

Firebrand Extraordinaire

I’m Crazy for You, America By Liana Alagemovits Brazilian Press Trying to describe Caetano ...

US$ 860 Million Loan by Brazil’s Petrobras Is No Ominous Sign, Says Minister

Brazil's minister of Mines and Energy, Edison Lobão, confirmed a 2 billion Brazilian reais ...

Investors Cash Their Chips and Send Brazilian Stocks Down

Latin American stocks were mixed, with Brazilian and Argentine shares falling on profit taking, ...