Brazilian Agricultural Minister Carlos Favaro said that Brazil should join China's "Belt and Road" initiative to fight against protectionist measures in the United States and the European Union.
According to Bloomberg, joining the idea of "Belt and Road" has caused argument within the left -wing government led by President Lula.Some ministers believe that this is a necessary measure to attract large -scale new investment; some ministers are worried that this partnership may damage the existing relationship between Brazil and the United States and the European Union.
However, Favaro said at a special meeting of Bloomberg Innovation Economy B20 held at San Paulo on Tuesday (October 22) that Brazil can join the “Belt and Road” without any country with any country.Essence
He said, "We need to establish a good relationship with the United States and the European Union, but we must also fight against some protectionist measures by expanding the scope of trade partnerships."In the relationship, Brazil "has the opportunity to overcome the imposed trade barriers."
As seeking foreign investment to boost the economic transformation plan of Brazil's economy, promote the development of infrastructure, and support his own green transformation plan, Lula found that Brazil became more and more intense global competition centers in China and the United States.
Favaro plays the role of Favaro in terms of deepening relations with China.Last year, he led a delegation composed of agricultural enterprise executives to visit China in order to expand agricultural relations between the two countries.Brazil later signed an agreement to export more beef and other products to China.
Favaro revealed that Brazil is negotiating with China to approve more meat processing plants to export to China.
China is the largest market for Brazilian beef, chicken and pork. If more factories are allowed to export, it will be a good thing for Brazilian meat suppliers.China is the world's largest importer of commodities, digesting about 14%of Brazilian chicken exports and nearly half of the export of beef.
Favaro said that he was still working hard to open the Chinese market for new products such as sorghum, grapes, sesame seeds, trotters, pork ears and other new products.
