After five years, the first in-person Cosban meeting is set to take place, following Lula’s return as the president of Brazil in 2023.
Cosban aims to boost cooperation in trade, infrastructure, and climate change mitigation, with a focus on recent devastating floods in Brazil.
Brazil seeks Chinese support for climate finance, low-carbon agriculture projects, and funding for the South American Integration Plan to connect with Peru’s deep-water port, facilitating export opportunities.
Despite tariff issues, Cosban remains crucial for Sino-Brazilian relations, aiming to address diverse economic cooperation and generate public and private agreements.
