Lula starts China tour
Brazilian President Luiz Inácio Lula da Silva arrived in Shanghai late Wednesday to start a state visit that is believed to boost bilateral cooperation in a wide range of areas, including the use of local currencies in trade settlement and the China-proposed Belt and Road Initiative (BRI), Global Times reports.
Lula starts China tour
Geurasia

Lula starts China tour

Photo: AFP/Brazilian Presidency/Ricardo Stuckert
Eurasia 13/04/2023 15:11

Brazilian President Luiz Inácio Lula da Silva arrived in Shanghai late Wednesday to start a state visit that is believed to boost bilateral cooperation in a wide range of areas, including the use of local currencies in trade settlement and the China-proposed Belt and Road Initiative (BRI), Global Times reports.

Lula's stop in Shanghai, which includes a visit to a Brazilian firm's newly opened research and development (R&D) and innovation center, underscored that top on the agenda of his trip is not only traditional economic and trade cooperation, but also collaboration in new emerging technologies and the digital economy, observers noted, according to the newspaper.

Moreover, following a series of high-level trips to China by foreign leaders in recent weeks, the Brazilian president's trip will also promote true multilateralism and collaboration in various multilateral platforms, particularly under the platform of BRICS - Brazil, Russia, India, China and South Africa, Global Times adds.

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