• Categories
  • Archives

Brazil Wants Much More than Current 1% of China’s Pie

Brazil hopes to augment its trade with China to US$ 10 billion in 2005. The product diversification strategy adopted in recent years caused this trade to grow from US$ 1.5 billion in 2000 to US$ 7 billion through September of this year.

But this is still very little, considering that Brazil’s sales to China represent less than 1% of what the world’s fastest growing country imports.


“In the case of China, unlike what happened with Japan, Brazil has been able to export products containing high added value,” says the director of the Trade Promotion Department of the Brazilian Ministry of Foreign Relations, Ambassador Mário Vilalva.


Besides soybeans, which represent 29% of what the country sells to China, Brazil’s exports include steel, orange juice, auto parts, airplane parts, and lumber.


The effort to promote trade between Brazil and China encompasses an intensive program of visits, such as the one to Brazil this week by Chinese officials and entrepreneurs, six months after Brazil’s largest entrepreneurial mission of all time accompanied President Luiz Inácio Lula da Silva on his trip to China.


During the visit by Chinese President Hu Jintao to Brazil, from November 11-16, over 500 Brazilian and Chinese businessmen will be exchanging information and, possibly, concluding deals.


Tomorrow, November 12, in Brasí­lia, they will participate in the seminar, “Brazil-China: Victories and Challenges in the Construction of a Strategic Partnership.”


From October 29 to November 7, the Chinese enjoyed the opportunity to taste typical Brazilian culinary specialties at the Brazilian Gastronomical Festival.


Those who liked what they tasted received recipes in Mandarin. Between October 8 and November 10, thanks to a contract with the Sugar, Cigarette & Wine Group, China’s second largest wholesale outfit, Brazil distributed 800 items, produced by 58 companies, to 1,156 Chinese supermarkets and shops.


Agência Brasil
Translator: David Silberstein

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Ex-Treasury Secretary in Brazil Punches and Kicks Journalist after Incriminating Report

The Brazilian Association of Investigative Journalism has informed that on October 21, 2009, Brazilian ...

Foreign Tourists Spend US$ 1.5 Bi in Brazil While Brazilians Spend US$ 1.7 Bi Overseas

Foreign tourists spent US$ 1.5 billion from January to April this year in Brazil, ...

Accord Between Manufactures Should Stop Brazilian Invasion of Argentina

Manufacturers from Brazil and Argentina have reached a tentative agreement that will privilege the ...

Brazil Posts Again a Trade Deficit

Brazilian exports totaled US$ 3,228 billion and imports, US$ 3,387 billion, resulting in a ...

Brazilian Army in Rio de Janeiro, Brazil

Rio, Brazil’s Most Violent City, Calls Army to the Rescue

Brazilian Governor Sergio Cabral Filho has formally requested that Brazil's army intervene to contain ...

Human Rights Groups Urge Federalization of Rural Crimes in Brazil’s Amazon

With the report, "Violation of Human Rights in the Amazon," the Pastoral Land Commission ...

Brazil Approves Plan for Rational Use of Water

Brazil is the first country in Latin America Latin to have an integrated management ...

Brazil’s Referendum, a Rebellious Act That Makes No Difference

In a small Brazilian city, José Maria da Silva woke up on Sunday, October ...

Despite Court Victory Brazil’s Catholic Bishop Keeps Hunger Strike For 16th Day

Despite a preliminary injunction stopping the São Francisco river transposition project, the Catholic bishop ...

Vehicle Sales in Brazil Grow 32% and Break Record

Sales of new vehicles in the Brazilian domestic market achieved in June the best ...