The president of the Brazilian Corn and Sorghum Producers Association has highlighted the significant benefits of Brazil's agricultural cooperation with China, describing it as mutually beneficial.
In the first half of 2024, Brazil exported nearly 30 billion U.S. dollars worth of agricultural products to China, underscoring the strength of the trade relationship between the two countries.
"This year marks 50 years of diplomatic relationship between China and Brazil. We see these exchanges of products and services as fruits of the deepening of the two countries' relationship. Today, a quarter of China's agricultural imports come from Brazil. Brazilians working in the agriculture industry see this as a huge benefit from the bilateral cooperation. We need to sell our surplus production, while we need to buy raw materials for our agriculture. So it is mutually beneficial for the trade relationship between China and Brazil," said Paulo Bertolini, the president of the Brazilian Corn and Sorghum Producers Association.
As this year's G20 summit takes place in Brazil, experts are keenly observing the potential for deeper cooperation between the two nations.
The 19th G20 Summit is scheduled for Nov 18 to 19 in Rio de Janeiro, under the theme of "building a just world and a sustainable planet."
Created in 1999, the G20 is a main forum for international cooperation on financial and economic issues. It comprises the European Union, the African Union and 19 countries, including China and Brazil.
Brazilian agricultural industry sees cooperation with China as mutually beneficial
