Alessandro Golombiewski Teixeira, a former economic advisor to the President of Brazil, addresses a panel at the Boao Forum for Asia Annual Conference 2023 on March 31. Alessandro Golombiewski Teixeira, former economic advisor to the President of Brazil, said more cooperation and expectations are going to come from Brazil and China as both countries mark this year's 50th anniversary of bilateral trade relations.
Golombiewski Teixeira, Brazil's tourism minister and deputy minister of development, industry and foreign trade, told the media on March 30 that both China and Brazil can help other nations. He was attending the Boao Forum for Asia Annual Conference 2023 in Boao, Hainan province.
He said that the trade cooperation between Brazil and China is strong and winning and that the two sides enjoy complementary aspects in their trade relations. China imports soybeans, beef, oil, sugar and iron ore from Brazil, with chemicals and electronic cars going the other way, he said.
Both countries belong to the BRICS group that includes Russia, India, and South Africa. He said that BRICS has the important mission of giving voice to developing countries and will have a bright future as it expands into BRICS PLUS.
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He stated that BRICS will strengthen multilateralism because its five members believe in multilateral institutions and share a vision and common prosperity.
He said that some countries would like to lead the world to war, but China is not one of them. He said that the world needs peace and China has shown its will for that to the global community. Can you talk about poverty and inequality and development when a country is destroyed? Brazilian President Luiz Inacio Lula da Silva recently postponed a planned trip to China for health reasons, but Golombiewski Teixeira said that he hopes Brazil, which represents 40 percent of the Latin American economy, will be able to join the Belt and Road Initiative when the visit takes place.
He believes that the BRI is an important cooperation mechanism in the world and that it is more of a platform for countries working together rather than a simple project.
Golombiewski Teixeira was talking about China's Global Security Initiative, or GSI, and recalled that he was at the Boao Asia Forum last April when the Chinese president announced the GSI.
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He cited the car industry, where Chinese brands have changed Western-led perceptions to become popular. He said that people are going crazy with Chinese cars, such as BYD and Great Wall Motors.
He said that China has different waves of investing in Brazil and that is an important way to see the partnership. It started with infrastructure, then electronic companies, such as Midea and Hisense, and now it is a new stage where Chinese tech companies are in Brazil.
Brazil is one of the largest markets for TikTok and Kuaishou in the world, which is a good thing. He said that companies like BYD, like Tencent, are getting more into the Brazilian market because there are a lot of similarities with the Chinese market.
He said Brazilian companies are also coming to China, in addition to Chinese e-commerce companies entering Brazil. Financial collaboration can help countries better cope with the financial crises, such as facing the impact of the banking turmoil in the US and Europe, he said, as the central banks in China and Brazil recently reached an agreement to trade in their own currency.