China bolsters Brazil trade ties
This is a discussion on China bolsters Brazil trade ties within the China News forum, part of the Doing Business in China category; Two-day trip to Beijing headed by Luiz Inácio Lula da Silva, Brazil's president, results in a host of agreements around ...
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May 19th, 2009, 05:30 PM
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China bolsters Brazil trade ties
Two-day trip to Beijing headed by Luiz Inácio Lula da Silva, Brazil's president, results in a host of agreements around oil supplies and chicken and beef imports, boosting the countries' trade partnership.
Beijing also said on Tuesday it would lend up to $10bn (€7.4bn, £6.5bn) to Petrobras, Brazil’s government-controlled oil company, in exchange for guaranteed oil supplies over the next decade. Brazil will provide 200,000 barrels a day of oil to Sinopec, China’s state oil company, for the next 10 years. More... |
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