Brazil Bucks Trend: Avoids China's BRI

Brazil, under President Lula da Silva, opts out of China's Belt and Road Initiative (BRI), following India's stance within BRICS. Preferring direct collaboration with Chinese investors, Brazil seeks synergy without formal agreements, aiming to safeguard national interests amidst Chinese diplomatic pressures.

In a surprising yet impactful shift, Brazil has chosen not to participate in China’s Belt and Road Initiative (BRI), marking it as the second BRICS member after India to decline. This decision, announced by President Lula da Silva's adviser, Celso Amorim, underscores Brazil’s pursuit of alternative collaboration avenues with China.

Amorim stated Brazil's intent to enhance ties with China without signing formal agreements, seeking synergy with Brazilian infrastructure projects. Brazil's position aims to retain autonomy while engaging with Chinese investment but avoids adopting the BRI framework outright.

This decision comes ahead of Chinese President Xi Jinping’s anticipated state visit, where the inclusion of Brazil in the BRI was expected to be a highlight. However, Brazilian officials express skepticism about immediate benefits and stress concerns over potential geopolitical complications.

(With inputs from agencies.)