The two BRICS nations have taken an important step toward increasing local currency use in international trade.
Brazilian President Luiz Inácio Lula da Silva
President Lula says Brazil is the ‘ideal partner’ for the southern African nation’s economic development and diversification.
President Lula da Silva aims to reaffirm his country’s commitment to the continent through whirlwind visits to three countries.
The latest figures show promising results for the new Brazilian president’s approach to rainforest conservation, ahead of the Amazon summit.
When complete, the game-changing FIOL railway will connect mines in Bahia to Brazil’s Atlantic ports, drastically improving logistics and lowering costs.
Beijing municipality, a huge trading entity in its own right, has seen a robust recovery in trade volumes driven by emerging economies.
The Singapore-based company plans to invest $150 million in Brazil, leading to the creation of thousands of jobs.
The Brazilian president is in Portugal for four days in a bid to boost lacklustre trade between the two lusophone nations.
Leaders of the world’s most populous and sixth most populous nations are set to meet in Beijing to cement a growing friendship that will be keenly watched by Washington.
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