china brazil sign economic coop agreements
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

China, Brazil sign economic co-op agreements

Arab Today, arab today

Arab Today, arab today China, Brazil sign economic co-op agreements

Beijing - XINHUA

China and Brazil on Tuesday signed agreements aimed at boosting economic cooperation between the two countries.China's Finance Minister Lou Jiwei and his Brazilian counterpart Guido Mantega signed a Memorandum of Understanding (MoU) on Bilateral Cooperation in Macroeconomic, Fiscal and Financial Policies. The two sides also signed a currency swap agreement to broaden access to financial resources.A statement from the Ministry of Finance of China said that the MoU signed by the ministers was aimed at further strengthening macroeconomic, fiscal financial, monetary and supervisory cooperation under bilateral and multilateral frameworks, broadening common economic interests and boosting social and economic development in the two countries It was also meant to promote strong, sustainable and balanced growth of the world economy, playing an active role in deepening bilateral, economic, financial and trade cooperation while enhancing China-Brazil Comprehensive Strategic Partnership.Mantega said the currency swap agreement would result in a stronger partnership between the two countries in various areas, including customs, which could be expanded to cover infrastructure development where Brazil was open for China's participation.The currency swap deal involving 190 billion Renminbi ($30 billion) and 60 billion reais (about 30 billion U.S. dollars) will be independent of the financial conditions of the international markets.While this was a initial bilateral agreement between two countries, the arrangement could be expanded to cover other countries within the BRICS bloc, Mantega added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china brazil sign economic coop agreements china brazil sign economic coop agreements

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china brazil sign economic coop agreements china brazil sign economic coop agreements

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday