Brazil signs new agreements to export meat and cottonseed meal to China

Posted by Marina

Brazil and China signed on Friday (25) several agreements and memoranda of understanding in the areas of politics, science and technology and education, economy and trade, energy and agriculture, reports the “Brazil Agency. President Jair Bolsonaro is in the Asian country, the second of the presidential entourage tour of Asia and the Middle East. He met with Chinese President Xi Jinping at the Great People's Palace in Beijing.

“I was looking forward to this visit because we have the first trading partner in China and I am very interested in strengthening this trade as well as expanding new horizons. Today we can say that a considerable part of Brazil needs China, China also needs Brazil, ”Bolsonaro said during the meeting.

In a joint statement, the two Presidents expressed their determination to expand trade and diversify product exchanges, as well as to cooperate with development and investment policies, such as Brazil's Investment Partnership Program (PPI) and the Girdle and from Rota, from China.

China is Brazil's largest trading partner. In 2018, trade flow between the two countries reached the historical mark of US $ 98.9 billion. The Asian country is also a leading provider of investment in crucial areas such as infrastructure and energy.

Agriculture and trade

Among the signed acts are sanitary protocols for the export of thermoprocessed meat (which goes through the cooking process) and cottonseed meal from Brazil to China. In 2018, Brazil exported $ 557 million in processed beef and China imported $ 25 million of the product. For cottonseed meal, used as animal feed, Brazilian exports are still incipient. China imported US $ 4 million of the commodity last year.

Both countries have also come to recognize Authorized Economic Operator (OAS) certifications issued by the customs authorities of both countries. An OAS-certified company benefits from benefits such as priority handling, fewer inspections, less stringent security requirements and expedited shipping. The Brazilian authority for this purpose is the IRS. The agreement should ensure greater agility and predictability for OAS-recognized bilateral trade exporters and importers.

Bolsonaro and Xi Jiping underscored the role of the Sino-Brazilian High Level Commission for Concertation and Cooperation (Cosban) as the main mechanism for boosting relations between the two countries. In 2020, Brazil and China begin the process of improving and modernizing this structure and updating the Joint Action Plan (2015-21) and the Ten Year Cooperation Plan (2012-21).

A signed memorandum of understanding also provides for more regular and direct institutional contacts between the Brazilian Foreign and China Foreign Ministries, "which will enable close and agile communication on highly relevant bilateral, regional and international issues."

Energy

In the area of ​​energy, Brazil and China have established cooperation for the development of new and renewable energy, bioenergy and for distribution and energy efficiency. The agreement also provides for cooperation and coordination with third countries and international forums.

The State Grid Corporation Release Agreement was also handed over to the State Grid Corporation, which marks the conclusion of the works of the electric power transmission project between the Belo Monte Plant, in Pará, and Rio de Janeiro, with an extension of 2.5 thousand km. The conclusion and commercial operation of Xingu Rio Transmissora de Energia SA, a project that required investments of about R $ 8.5 billion, consolidate the partnership between Brazil and China, and, according to the government, demonstrate the great attractiveness of the electricity sector. for foreign investment in the country.

An agreement signed between the National Industrial Learning Service (Senai) and CTG Brasil, a subsidiary of China Three Gorges Cooperation, will also allow the creation of a Research and Development center focused specifically on clean energy research. The “Technical-Scientific Innovation Platform” will be in charge of coordinating resources and projects with application of up to R $ 100 million over the next five years, promoting the exchange of best practices, knowledge and technology among institutions, suppliers, partners, universities and centers. Brazil and China.

Education and research

During Bolsonaro's visit to China, the Higher Education Personnel Improvement Coordination (Capes) also signed an international collaboration agreement with the National Natural Science Foundation of China (NSFC). Among the actions planned are the exchange of scientists, academics, graduate students and postdoctoral students; the promotion of research in education and related areas; fostering partnership between universities; sponsorship of seminars, workshops and conferences; and the promotion of joint research programs and projects.

Brazil and China also intend to expand communication channels between young scientists and researchers and deepen scientific and technological collaboration between the two countries. Governments will fund young scientists and researchers who have completed their doctorate within five years of the submission of proposals. The sending country will cover the costs of international travel, insurance and scholarships, while the recipient will provide young people with conditions for research activities and access to bibliographic material during the exchange period.

The Brazilian Agricultural Research Corporation and the Chinese Academy of Sciences want to establish a BrasilChina “virtual laboratory” that will develop research in the areas of germplasm characterization, genome editing and functional genetics in soybean. This will be the first joint laboratory project between the two countries in the areas of agriculture and natural resources.

An agreement was also signed today between the Federal University of Goiás (UFG) and the Hebei University for the establishment of Confucius Institute at UFG. The institute provides classes in Mandarin, Chinese culture and traditional Chinese medicine. Ten units of the Confucius Institute are currently in operation in Brazil.

In November, Xi Jinping is due to come to Brazil to attend the 11th BRICS Summit (groups consisting of Brazil, Russia, India, China and South Africa). Bolsonaro also met today with Chinese Prime Minister Li Keqiang and attended the Floral Affixing Ceremony at the Peoples' Heroes Monument in Beijing.

On the second day of the official visit to China, the Brazilian president also attended the opening of the Brazil-China Business Seminar: 45 years building bilateral ties. "Brazil has been regaining its confidence in the world," he told businessmen.

In addition to the acts with the Chinese government, trade agreements were signed in the area of ​​infrastructure and agriculture, as well as the invitation to participate in China's oil and gas mega-auction, which will take place on November 6. The auction will be for volumes exceeding the Assignment Agreement, which is a regime of direct contracting of Union areas to Petrobras.

Law No. 12,276 / 2010 granted the state the right to extract up to 5 billion barrels of oil equivalent in these non-contracted areas, located in the pre-salt. The result will follow the new sharing law between states and municipalities in Brazil.





Source: DATAGRO