The vice president of Brazil, Geraldo Alckmin, on an official trip to China this week, signed seven cooperation agreements with the Asian country.

In a statement announced on June 7, the government states that at the seventh plenary meeting of the Sino-Brazilian High Level Commission for Consultation and Cooperation (Cosban), chaired by Alckmin and the vice president of China, Han Zheng, a memorandum of agreement was signed understanding cooperation in public policies for micro and small companies.

The two countries signed a protocol on sanitary and quarantine requirements for pecan nuts, a memorandum of understanding related to China-Brazil cooperation to expand production capacity in the area of sustainable development, and formalized an agreement that aims to improve the operational framework of the bilateral investment cooperation.

Brazil and China also made official a declaration of intent for the joint construction of a geostationary meteorological satellite, cooperation to deepen supervision in the insurance sector and an agreement related to the capital market, the intention of which is to expand the possibilities of mutual assistance and information exchange and deepen regulatory cooperation in financial and capital markets.

Finally, the countries signed an agreement to exempt visas for travel to Brazil for holders of public affairs passports issued by China.

(Source: Observador, on June 6)