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China, Brazil to boost ties in agro trade, science and digital economy

Countries also aim to improve tax services for cross-border businesses and collaborate on industrial and supply chains.

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Countries also aim to improve tax services for cross-border businesses and collaborate on industrial and supply chains.

ARTICLE BY

PUBLISHED

READING TIME

Less than 1 minute Minutes

China and Brazil have agreed to boost cooperation in agricultural product trade, science, the digital economy and a number of other sectors.

China’s Commerce Ministry announced the deals, along with other outcomes, following the sixth meeting of the China-Brazil High-level Coordination and Cooperation Committee.

The meeting was co-chaired by Chinese Vice President Wang Qishan and Brazil’s Vice President Hamilton Mourao via video link.

The two countries reached agreement on two key bilateral documents: the China-Brazil strategic plan 2022-2031 and the China-Brazil implementation plan 2022-2026.

Chinese and Brazilian government departments signed documents to jointly improve tax services for cross-border businesses and strengthen bilateral trade on agricultural products.

Both intensifying cooperation on pesticides and boosting investment in the low-carbon and clean-technology sector were included.

The two countries also agreed to discuss greater integration regarding the digital economy, push for cooperation on scientific innovation, collaborate on industrial and supply chains and enhance digital-technology exchanges, CLBrief reported.

 

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