As the BRICS alliance seeks further de-dollarization and expansion in 2024, individual members Brazil and China are also working to expand relations with one another. The two, in particular, want to expand their trade talks and work together more. China will host Brazil’s Vice President Geraldo Alckmin at the 7th Plenary Session of the Sino-Brazilian High-level Partnership and Cooperation Commission.
The countries intend to improve international cooperation in the following areas:
- Energy
- Currency
- Finance
- Trade
- Food security
- Critical infrastructure security
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Brazil’s VP will stay in Beijing during his visit to China. While there, Alckmin will attend a business forum organized by the Ministry of Industry, Development, Trade, and Services. The Chinese Ministry of Commerce and the China Council for the Promotion of International Investment will also attend the event and speak with the Brazilian representative.
Brazil and China are strong supporters of the BRICS bloc’s de-dollarization mission and of inviting new nations to the bloc. The meeting will also celebrate 50 years of bilateral relations between the two countries. Together, they are two of the stronger BRICS nations in the bloc, and working together, they can achieve big things in the fight to end the US Dollar.
According to reports, the meeting is expected to bring together 400 Brazilian and Chinese businessmen to discuss possible associations.