President Luiz Inacio Lula da Silva (PT) said on Tuesday (13) that the relationship between Brazil and China “was never so necessary”, highlighting the importance of partnership between the two countries in an increasingly “unpredictable, unstable and fragmented world”. The statement was made alongside Chinese President Xi Jinping during the signature ceremony of more than 30 bilateral agreements in Beijing.
Lula pointed out that Brazil and China are “determined to unite their voices against unilateralism and protectionism” in a veiled criticism of. “Commercial wars have no winners. They raise prices, depress economies and run the income of the most vulnerable,” said the Brazilian president.
The Brazilian leader also mentioned the trade war between China and the United States, which led the two countries to agree on Monday (12) in r. From May 14, US rates on Chinese products will fall from 145% to 30%, while China will reduce its US products rates from 125% to 10%.
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During the meeting, Lula and Xi Jinping reaffirmed their commitment to “fair trade and based on the rules of the World Trade Organization (WTO) and discussed infrastructure, sustainability and energy cooperation. The Brazilian president stressed that “common understandings between Brazil and China for a political resolution for the crisis in Ukraine” offer a basis for promoting dialogue and seeking peace in Europe.
Lula also took advantage of the speech to defend a solution to the conflict between Israel and Palestine. “There will be no peace without independent and viable Palestine, living side by side with Israel,” he said.
The meeting between the two leaders reinforces the growing approach between Brazil and China amid global tensions and the strengthening of the BRICS block (Brazil, Russia, India, China and South Africa). The economic partnership between the two countries is consolidated as one of the most important for Brazil, especially in the infrastructure, technology and renewable energy sectors.
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More than 30 agreements signed between the two governments include partnerships in strategic areas, such as clean energy investments, technology cooperation and bilateral trade expansion. Lula pointed out that the synergy between the development projects of Brazil and China “shows that two large emerging countries can cooperate and obtain mutual benefits.”
