Agribusiness Highlights President Bolsonaro's Trip to the Middle East and Asia

Posted by Marina
President Jair Bolsonaro began a 10-day trip last Saturday to bolster business ties with partners from East Asia and the Middle East, according to “Agência Brasil”. This Monday (21), he landed in Japan. In the tour, besides Japan, he will have appointments in China, United Arab Emirates, Qatar and Saudi Arabia.

According to government officials, the president wants to signal to the world that Brazil is committed to economic openness, the business environment and the reform program. The schedule of the Brazilian president in Japan includes the enthronement event of Emperor Naruhito, on Tuesday (22).

On Wednesday (23), Bolsonaro will attend a banquet offered to all presidents by Japanese Prime Minister Shinzo Abe. On the same day, there will be a meeting of Bolsonaro with the members of the group of notables, formed by the leaders of the main companies in Japan (Mitsui, Toyota, Honda, Mitsubishi, among others).

On Thursday (24), the Brazilian delegation goes to Beijing. In China, Bolsonaro will meet with officials from the Asian country on 24 and 25 October. During his visit to China, the president will continue an extensive agenda of mutual visits by officials from both countries.

Together, Japan and China have a stock of US $ 100 billion in investments in Brazil. Asia leads the Brazilian exports and imports. In the first nine months of 2019 alone, 40% of Brazilian exports were destined for the region, while 33% of Brazilian imports came from Asia.

Then on Saturday (26), Bolsonaro heads to Abu Dhabi, starting the Arab half of the trip. After visiting the United Arab Emirates, the president heads to Doha. He spends the morning and afternoon of the 28th in the capital of Qatar and then embarks for Riyadh in Saudi Arabia, where he stays until the 30th.

When traveling through the Arab world, the Brazilian agenda also has a commercial bias, according to Itamaraty. In this regard, the highlight is the increase in exports of Brazilian agriculture, the attraction of investments for the projects of concession and privatization of assets of the Investment Partnership Program (PPI), as well as the Arab interest in the Brazilian defense industry.