China And Brazil Hold Comprehensive Strategic Dialogue At Ministerial Level

BEIJING - Chinese Foreign Minister Wang Yi met with Mauro Vieira, Minister of Foreign Affairs of Brazil, in Beijing on Tuesday for the China-Brazil Comprehensive Strategic Dialogue at the ministerial level, covering bilateral trade, energy cooperation, global governance, agricultural trade and multilateral coordination. The two sides issued a joint press release after closed-door talks, reaching consensus on more than 20 cooperative items.

Against the backdrop of fluctuating global commodity prices and slowing cross-border investment, Brazil and China agreed to deepen all-dimensional economic and trade ties. Minister Vieira stated that Brazil hopes to expand exports of soybeans, beef, iron ore and new energy raw materials to China, while welcoming more Chinese manufacturers of new energy vehicles, photovoltaic equipment and power storage facilities to build production bases in Brazil's industrial parks.

Wang Yi pointed out that China will continue to optimize customs clearance channels for Brazilian agricultural products, shorten inspection cycles and expand import quotas for high-quality Brazilian food. Meanwhile, China proposes to launch a bilateral currency swap expansion plan, which will help both nations cut transaction costs and reduce reliance on third-party settlement currencies in cross-border trade.

On new energy and green development, the two foreign ministers signed a supplementary cooperation memorandum. The document plans joint construction of wind power and solar power projects in Brazil's northern and central regions, as well as joint research on low-carbon metallurgy technology for iron ore processing. The two countries will also set up a joint green industry working group to exchange policies on carbon peaking and carbon neutrality every quarter.

In the field of global governance, both diplomats voiced firm support for multilateralism and opposed unilateral trade restrictions and discriminatory industrial policies. They jointly called for reforms to the International Monetary Fund and World Bank to increase the representation and voice of developing countries. The two sides agreed to coordinate positions closely within BRICS, pushing forward the expansion of the BRICS bloc and promoting the wider use of BRICS cross-border payment tools among emerging markets.

Regarding regional issues, the two ministers exchanged views on the security situation in Latin America, the Middle East conflict and food security crises in Africa. Both sides stressed that all international disputes should be resolved through peaceful dialogue, and external forces should refrain from interfering in the internal affairs of sovereign countries. Minister Vieira praised China's multiple food aid programs to African nations, and said Brazil is willing to cooperate with China to build grain storage facilities and agricultural technical training centers across sub-Saharan Africa.

Civil and cultural exchanges also occupied an important part of the dialogue. The two sides confirmed that they will add two new direct air routes between major cities of China and Brazil before the end of 2026, increase exchange quotas for university students, and co-host a China-Brazil agricultural technology exhibition in São Paulo next spring.

Economists interviewed by Xinhua commented that this round of high-level dialogue will inject new momentum into China-Brazil relations. As the largest developing country in Asia and the largest economy in Latin America, deeper coordination between China and Brazil will stabilize global supply chains of agricultural products and minerals, and provide new growth points for the global new energy industry.

Minister Vieira will attend a China-Brazil business forum on Wednesday, communicating with over 150 representatives of enterprises from both countries to discuss specific investment and trade cooperation plans.