BRAZIL, CHINA TO EXPAND COOPERATION IN TRADE, SERVICES

Published:2016-08-24

 

 

Photo shows the first electric multiple unit (EMU) for Rio de Janeiro in Changchun, capital of northeast China's Jilin Province.


Brazil and China are set to sign an agreement to expand cooperation in trade and services on the sidelines of the upcoming Group of 20 (G20) Summit to be held in China in September, a senior Brazilian official said on Aug. 24, 2016.


The deal will benefit sectors accounting for up to 58 percent of Brazil's gross domestic product (GDP), said Brazilian Minister of Industry, Trade and Services Marcos Pereira, adding he had discussed the proposed agreement with interim President Michel Temer.

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