The president noted that the deals inked during his trip to China adds up to BRL 50 bi. In the Arab Emirates, BRL 12.5 bi investments were negotiated. Lula is now back in Brazil.
The documents focus on “sustainable bases, with technological innovation and investment in strategic sectors.” Brazil’s Development Ministry will be responsible for industrial investment, digital economy, and trade facilitation.
The agreement between Brazil’s federally funded research foundation Fiocruz and China’s Center of Excellence for Emerging Infectious Disease was signed in Beijing and includes the construction of research centers in both countries.
The official program includes various activities such as business meetings and bilateral discussions with China's top authorities, such as President Xi Jinping.
Lula was supposed to travel to China on Sunday. However, despite the clinical improvement, the president’s medical service recommended postponing the trip.