Brazil’s President Luiz Inácio Lula da Silva is scheduled to arrive in Shanghai on Tuesday, after a March visit was rescheduled due to illness. He will meet with Chinese President Xi Jinping on Friday. Before leaving, he said he also plans to invite Xi to Brazil.
While trade will dominate the agenda, geopolitics are steadily creeping in. Lula’s entourage includes numerous agricultural executives, a sign of the importance of agricultural commodities to the relationship. Brazil is interested in diversifying this trade. More than twenty deals on finance, investment and agriculture are expected.