Sunday, March 4, 2012

Brazil looking to triple exports to China

Brazil is looking to triple exports to China through a new program aimed at making the country's goods more competitive in the Asian market, officials said Thursday.

"For many China is an unknown dragon. ... We need to investigate this market, be aggressive," Brazilian Foreign Trade Secretary Welber Barral said as he launched the Agenda China program, a partnership between the government and private sector that will increase Brazil's trade presence on the Chinese market.

Trade between the two countries rose tenfold from 2000 to 2007, according to Brazilian government figures. In 2007, Brazil imported US$12.6 billion …

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