Industrial and Commercial Bank of China (Brazil) Co., Ltd. News on Tuesday (April 11), ICBC Brazil has successfully handled the first cross -border RMB settlement business.

According to Xinhua News Agency, in February this year, the People's Bank of China authorized ICBC Brazil to be the RMB clearing bank in Brazil.In this business, ICBC Brazil supports both parties to successfully use RMB to settle in.

The person in charge of the ICBC Brazil said that the bank will continue to actively play the advantages of the RMB clearing bank in Brazil in the future, strive to provide convenient, efficient and safe cross -border RMB settlement services for the two countries, and promote China -Pakistan economic and trade cooperation in economic and trade cooperation.Continue to a new level.

Reporting pointed out that the successful landing of this cross -border RMB settlement business marks that China -Pakistan enterprises have more currency options in trade exchanges, which helps to improve RMB in China -Pakistan trade and investment in China -Pakistan trade and investmentThe proportion injects new vitality into cooperation between China -Pakistan economic and trade exchanges and financial cooperation.

Hua Chunying, a Chinese Ministry of Foreign Affairs, announced on Tuesday that Brazilian President Lula will visit China for four days on Wednesday.According to reports, Lula will hold a bilateral talks with Xi Jinping, President Xi Jinping in Beijing on Friday.

The 77 -year -old Lulla was scheduled to bring 240 Brazilian business leaders to China on March 25, and later delayed its trip due to pneumonia.Lula defeated Bosonaro, who defeated the far right in October last year and was elected President of Brazil.