Top legislator Wu Bangguo on Wednesday called for closer
economic ties between China and Brazil, saying that the two
countries are faced with precious opportunity to advance economic
and trade cooperation.
"As key developing countries in the world, China and Brazil
share broad common interests," Wu told Vice President Jose Alencar
during their meeting.
Wu said China and Brazil are highly complementary in economy and
enjoy great potential in expanding cooperation in the fields of
mineral resources, infrastructure construction, science and
technology and traditional trade.
Sources with the Chinese embassy in Brazil said that several
agreements will be signed by Chinese and Brazil enterprises during
Wu's visit, including Brazil's sale of 50 ERJ145s and 50 EMBRAER
190s to a Chinese airline company.
Wu said the signing of the economic and trade agreements shows
the vitality of China-Brazil reciprocal cooperation and will
benefit the two peoples.
To better coordinate bilateral cooperation, China and Brazil
decided to set up a high-level coordination and cooperation
committee in 2004. The committee had its first meeting last March
Wu said he hoped that the two countries would make full use of
the committee to push bilateral economic and trade cooperation to a
Alencar said the Brazilian government and people believe that it
is important to develop relations with China and Brazil will
continue to conduct effective cooperation with China in bilateral
and international affairs.
Wu arrived in Brazil Tuesday afternoon for an official goodwill
(Xinhua News Agency August 31, 2006)