Brazilian leader Lula in ChinaBrazil's President Luiz Inacio Lula da Silva arrived in Beijing with 240 business leaders for a visit aimed at boosting trade with China and promoting what he called a "new economic order." He was due to meet Chinese President Hu Jintao Hu Jintao (h ` jĭn`tou`), 1942–, Chinese political leader, b. Jixi, Anhui prov. A hydroelectric engineering graduate (1965) of Qinghua Univ. and other leaders during the three-day visit, and promote oil contracts, sales of Embraer aircraft, meat exports and biofuel bi·o·fuel n. Fuel such as methane produced from renewable resources, especially plant biomass and treated municipal and industrial wastes. bi technology for cars, officials in Brazil said. Lula and Hu, who were set to meet for dinner later Monday, could also touch on a proposal made by the Brazilian president to conduct bilateral trade through each nation's currency, cutting out the US dollar as an intermediary. Lula's visit, which comes between a trip to Saudi Arabia Saudi Arabia (sä `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. and Turkey, will also stress political cooperation in an era that has seen a rise in the role of key emerging nations to fight the global financial crisis.
"I think the trip that I am about to embark on... is one of the most important I am going on to defend a new economic order and a new commercial policy in the world," Lula told reporters before leaving Brazil. Roberto Jaguaribe, a Brazilian foreign ministry official, said last week the trip represented a "reorganisation of the international scene" in which the top emerging economies were playing a bigger role in world affairs Noun 1. world affairs - affairs between nations; "you can't really keep up with world affairs by watching television" international affairs affairs - transactions of professional or public interest; "news of current affairs"; "great affairs of state" . Jiang Shixue, vice president of the Chinese Association of Latin American Studies Latin American Studies (sometimes abbreviated LAS) is an academic discipline which studies the history and experience of peoples and cultures in the Americas. Definition , said Lula could follow up on the G20 summit in London in April, which agreed that global cooperation was essential for economic recovery. "Lula may want to discuss how to reform the international financial order and promote developing countries' role, on which the two countries should develop a common stance," he said. In comments carried Monday by China's official Xinhua news agency “Xinhua” redirects here. For other uses, see Xinhua (disambiguation). The Xinhua News Agency (Simplified Chinese: 新华社; Traditional Chinese: , Lula emphasised that a strategic partnership set up with China in 1993 "may... lead to a new global economic, scientific and trade landscape in the 21st century." Boosting bilateral trade would also be high on the agenda for Lula as he met with Hu Monday, and China's Premier Wen Jiabao Wen Jiabao (wĕn` jyä`bou`), 1942–, Chinese political leader, b. Tianjin. Originally a geologist, he worked for the Gansu provincial geological bureau (1968–82), where he was the head of its political section, and rose to deputy and other top leaders on Tuesday. China -- an energy-hungry nation that is hugely interested in Brazil's natural resources -- in March became the Latin American nation's biggest trading partner, ahead of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Brazilian exports to China -- mainly iron ore and soya products -- so far this year have grown 65 percent over the same period in 2008, a jump from 3.4 billion dollars to 5.6 billion dollars. Jiang said that Brazil was also an important country for China on other aspects, such as its advanced biofuel technologies and aviation cooperation. "The trade relationship that China enjoys with Brazil is more complementary than with any other Latin American country," he said. On Brazil's part, state-run oil company Petrobras would be interested in winning deepwater exploration contracts in China, Trade and Industry Minister Miguel Jorge said last week. Brazil's BNDES BNDES Banco Nacional de Desenvolvimento Econômico e Social (Brazilian Development Bank) BNDES Banco Nacional de Desenvolvimento Econômico e Social (Brasil) development bank was also keen on negotiating an 800-million-dollar credit line with Chinese officials. Lula is due to leave Beijing for Turkey on Wednesday, a day after an official ceremony presided by Hu where several cooperation documents will be signed.
|
|
||||||||||||||

` jĭn`tou`)
Printer friendly
Cite/link
Email
Feedback
Reader Opinion