Standing alongside Chinese President Xi Jinping in the Brazilian capital of Brasilia, Bolsonaro said on Wednesday he hoped the two countries could not only increase but also "diversify our trade relations."
China is increasingly part of Brazil’s future, President Jair Bolsonaro has said, signalling a more pragmatic approach to the Latin American country’s biggest trade partner. Standing alongside Chinese President Xi Jinping in the Brazilian capital of Brasilia, Bolsonaro said on Wednesday he hoped the two countries could not only increase but also “diversify our trade relations.” “China is becoming more and more part of Brazil’s future,” Bolsonaro said, after the two men signed largely non-binding agreements on transport, services and investment ahead of a summit of BRICS countries.
Xi echoed the positive sentiments, expressing hopes for the two countries to “strengthen multilateralism and build an open world economy.” Their meeting — the second in as many months — was one of several to be held on the sidelines of the annual BRICS get-together that will focus on economic growth and innovation. Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and South African President Cyril Ramaphosa are attending the two-day gathering.
Bolsonaro – an ardent admirer of US President Donald Trump with whom he shares a contempt for multilateralism and left-wing ideology – has been under pressure from Brazil’s powerful beef, farming and mining sectors to stay on good terms with China. He had threatened to torpedo the relationship during last year’s election campaign when he accused China of “buying Brazil,” and his pro-business government has been trying to repair the damage ever since. The BRICS summit is the first time Bolsonaro, notoriously awkward at public events, has hosted a major international gathering since he took office in January.
It could provide cover for him to talk to Xi without appearing to be disloyal to Trump, Luis Fernandes of the BRICS Policy Center in Rio de Janeiro, told AFP recently. Bolsonaro has broken with tradition at this year’s summit by scrapping the BRICS Plus meeting that enables the five members to meet with the host’s neighboUring countries.