Left Menu
Development News Edition

Brazil wants China to invest in its infrastructure -vice president

Reuters | Brasilia | Updated: 14-06-2019 01:10 IST | Created: 14-06-2019 01:09 IST
Brazil wants China to invest in its infrastructure -vice president
Image Credit: Flickr

Brazil wants Chinese investment in infrastructure projects as long as investors create local jobs and play by Brazilian rules, Vice President Hamilton Mourao told Reuters in an interview.

Mourao met with Chinese leader Xi Jingping in China last month as part of efforts to maintain warm relations with Brazil's top trading partner. While campaigning last year, President Jair Bolsonaro had warned that China was trying to "buy Brazil," but he has since taken a more pragmatic approach. In a Wednesday interview in Brasilia, Mourao said Brazilian infrastructure was hindering productivity and Chinese investment is welcome as long as it follows local rules.

"A Chinese company cannot arrive here and bring 100,000 Chinese people to work in Brazil," he said. He added that he had not spoken with the Chinese about any particular infrastructure projects during his trip, but that he saw room for Chinese investment in rail, road and port projects.

Regarding the trade war between the United States and China, Mourao described Brazil's position as "pragmatic and flexible," seeking to make decisions in the Brazilian interest without taking sides. Despite a deal with Washington for the United States to safeguard U.S. space technology at Brazil's Alcantara launch site near the equator, China could also become a partner at the base, he said.

Mourao said China had not expressed any particular interest in such an agreement, but he noted that science and technology cooperation was an area of potential growth between the nations. Mourao also reiterated that Chinese telecom company Huawei Technologies Co Ltd would not be excluded from operating a fifth-generation (5G) mobile telecoms network in Latin America's largest economy, but would be expected to play fair.

Mourao, who met with Huawei Chief Executive Ren Zhengfei on a trip to China last month said: "I have spoke clearly with the CEO of Huawei, and told him they have to give us confidence that ... the data they have will not be put in the hands of the Chinese (government)."


TRENDING

OPINION / BLOG / INTERVIEW

Augmented Reality: Potential future of education

AR has acquired a foothold in educational settings, particularly in developed countries, as an alternative solution to conventional learning experiences as it provides students an immersive, three-dimensional atmosphere with real-world char...

Uganda COVID-19 response: Was off to a good start but reopening dwindled prospects

Uganda has shown success in using health information to enhance efficiency of disease surveillance, reporting and monitoring. The success, however, has critical challenges confronting it as the country resumes normal activities....

New farm bills in India: Focusing on farms or farmers?

... ...

Kenya’s COVID-19 response: Chaos amid lack of information

Confusing numbers and scanty information on how effective curfews and lockdowns have been in breaking transmission have amplified coordination and planning challenges in Kenyas response to COVID-19. Without accurate data, it is impossible t...

Videos

Latest News

Gas pipeline blast in southern Iraq kills 3, injures 51, police say

At least three people were killed and more than 50 injured in a gas pipeline explosion in southern Iraq, police sources said on Saturday. The military said in a statement that the cause of the blast was not known. It said nine Shiite militi...

Tamil Nadu government allows schools, colleges and movie theatresto resume work from November:Govt.

Tamil Nadu government allows schools, colleges and movie theatresto resume work from NovemberGovt....

There are lot of flaws in our game: Shreyas Iyer

A distraught Delhi Capitals captain Shreyas Iyer admitted that there are too many flaws in their gameplan and execution as his side slumped to its fourth straight defeat, here on Saturday. Following a nine-wicket thrashing by the Mumbai Ind...

Nitish Kumar will be our leader even if BJP gets more seats in Bihar polls: JP Nadda

BJP President Jagat Prakash Nadda on Saturday expressed confidence about NDA getting a two-thirds majority in Bihar assembly polls and said even if the BJP gets more seats, Nitish Kumar will still be our leader. One can clearly see, BJP-JDU...

Give Feedback