China to decide new date for Brazil’s Lula visit, agreements postponed
- Brazilian President Luiz Inacio Lula da Silva had postponed this week’s business trip to China because of illness
- It temporarily set back Lula’s plan to strengthen relations with Brazil’s largest trading partner, China
“When the Chinese government is ready, with an available schedule, the visit will certainly be rescheduled, and we will return to continue signing all memorandums and agreements.”
According to Favaro, there is a more fraternal climate with Lula’s return to the presidency, which “opens commercial opportunities”.
Brazil’s Lula cancels trip to China due to illness; visit to be rescheduled
He also emphasised that his trip to China had already secured an important gain, with Beijing approving the resumption of imports of Brazilian beef and authorising new plants.
Sales to China were voluntarily halted by Brazilian authorities on February 23, following the discovery of an atypical case of mad cow disease.
The minister said that agreements between Brazilian and Chinese companies are still expected to be announced on March 29.
About 240 Brazilian business leaders were initially expected in China, over a third from Brazil’s farm sector, which sends most its beef, soybeans, and wood pulp to China.