HomePress ReleaseXi and Lula Discuss Economic Partnerships, Strengthen BRICS Business Ties

Xi and Lula Discuss Economic Partnerships, Strengthen BRICS Business Ties

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In a recent phone conversation, Chinese President Xi Jinping and Brazilian President Luiz Inácio Lula da Silva focused on deepening the relationship between their two nations. The dialogue aimed to enhance economic cooperation and strengthen coordination on global matters. President Xi articulated that the partnership between China and Brazil has seen notable advancements, particularly in fostering a future of shared prosperity through collaborative development. Such efforts, he noted, contribute to economic stability and growth amid global uncertainties. Xi expressed China’s eagerness to enhance strategic coordination with Brazil, both on a bilateral scale and within broader multilateral frameworks.

The conversation underscored the importance of cooperation among Global South nations. Xi encouraged both countries to work towards promoting high-quality development within the BRICS framework. He also advocated for reforms in the global governance system to uphold international justice and fairness. This perspective aligns with China’s broader diplomatic strategy of fostering relationships with emerging economies and reinforcing its leadership role in international forums.

President Lula echoed the sentiment of strengthening Brazil-China ties, highlighting record levels of trade and growing cultural exchanges between the two nations. He expressed Brazil’s readiness to expand collaboration with China in key sectors such as artificial intelligence, energy, and mineral resources. Lula also welcomed the prospect of increased Chinese investment in Brazil, reflecting the country’s strategic interest in leveraging foreign investments for economic growth.

Additionally, Lula extended his congratulations to China for hosting the 2026 World Artificial Intelligence Conference. He reaffirmed Brazil’s dedication to working alongside China in supporting the United Nations and enhancing BRICS cooperation. Lula emphasized Brazil’s commitment to multilateralism and the pursuit of resolving international disputes through dialogue, aligning with the shared goals of both countries to contribute to a more stable and equitable global order.

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