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China and Brazil safeguard multilateralism, economic globalization and free trade

Enlarged font  Narrow font Release date:2018-05-16  Source:china daily  Browse number:10053
Note: China and Brazil should jointly safeguard multilateralism, economic globalization and free trade, as well as defend legi

China and Brazil should jointly safeguard multilateralism, economic globalization and free trade, as well as defend legitimate interests of developing countries, State Councilor and Foreign Minister Wang Yi said on Tuesday.


Wang made the remarks when meeting with Brazilian Foreign Minister Aloysio Nunes in Beijing.


As the largest developing countries in the eastern and western hemispheres, bilateral cooperation between China and Brazil has strong vitality and broad prospects, Wang said.


He called for equal synergy between China's Belt and Road Initiative and Brazil's Investment Partnership Program, and strengthen pragmatic cooperation in various areas.


The Investment Partnership Program was launched by Brazilian President Michel Temer in 2016, aiming to generate jobs and growth for the country through new investments in infrastructure projects and privatization.


The two countries should jointly promote cooperation between China and the Latin America, Wang said, adding that both sides should strengthen communication and coordination within the international multilateral mechanisms and deepen strategic mutual trust and collaboration.


Nunes said that Brazil always upholds friendly policy to China and relations with China is the priority of Brazil's diplomacy.


Brazil is willing to strengthen coordination and cooperation with China within multilateral mechanisms and jointly opposes trade protectionism, he said.


Bilateral trade volume between China and Brazil reached $87.54 billion last year. Brazil is the largest trading partner of China in the Latin America and China is Brazil’s largest trading partner and destination of exports.

 
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