From plane to electric car, see what deals Lula wants to do in China | Economy

After the postponement of President Luiz Inacio Lula da Silva’s trip to China for health reasons, representatives of the productive sector hope to carry out important business with the state visit, which officially begins on Thursday (13).

The assessment is that Lula’s presence will be needed to help with negotiations that have been under way for some time, such as the sale of 20 Embraer jets to the Chinese and the purchase of Ford’s Bahia plant – which closed a year ago – by BYD electric cars.

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And according to its EXTRA reputation sources, talks between Brazilian and Chinese companies could also lead to Seara buying 280 JAC trucks. Another agreement that could be signed, between Susanoo and COSCO, is the construction of 17 ships for the transport of cellulose.

For Brazilian agribusiness, the announcement that Lola is going to China has already paid off. The courtiers who went before Lula to Beijing, before the trip was postponed, managed to end the ban on Brazilian beef exports. A case of mad cow disease has been identified in Barra which, after laboratory tests, proved to be atypical and had no risk of transmission to other animals.

Lula begins his visit in Shanghai, the financial center of China. To search for investments in Brazil, the President will meet with representatives of business groups from the sectors of infrastructure, technology and the automotive industry. Meetings with leaders from BYD and tech giant Huawei are on the presidential agenda.

The president will land in Shanghai on Wednesday. Accompanied by businessmen, state ministers, parliamentarians and governors, Lula’s first commitment will be, in the morning, the inauguration of former President Dilma Rousseff in charge of the new BRICS Development Bank (abbreviation for the group formed by Brazil, Russia, India, China and South Africa). Afternoon meetings are scheduled with businessmen.

On Friday, Lula will go to Beijing, where more than 20 bilateral agreements are scheduled to be signed. One of them will be for the construction of CBERS-6, the sixth of a line of satellites built in partnership between Brazil and China.

The new model differential is a technique that allows biomes such as the Amazon rainforest to be observed even with clouds present.

Another agreement is the digital certification in trade exchange, which would make product processing faster and more reliable, reducing bureaucracy for Brazilian exporters. The agreement providing for direct operation between the Chinese real currency and the yuan, without the need for dollarization, should also facilitate trade between the two countries.

It is also expected to conclude agreements in the fields of tourism and investment. There is an unconfirmed expectation that the Chinese will announce that they will invest R$20 billion in an infrastructure fund in Brazil.