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President Luiz Inácio Lula da Silva will visit China From March 26 to 31, during which he will meet with Chinese President Xi Jinping.On the way home, Lula will stop briefly in the UAE day trip, Before arriving in Brasilia on April 1st.
Lula will discuss environmental issues and seek to increase bilateral investment and improve trade relations, according to Brazil’s foreign ministry. The United Arab Emirates currently accounts for just 1% of Brazil’s exports.
Lula will meet organizers of COP28 in Dubai in November and is expected to reaffirm Brazil’s commitment to protecting the Amazon. In the best-case scenario, the president would have the Gulf state pledge to donate to the Amazon Fund, which funds sustainable development efforts. The two countries will also discuss renewable energy projects. Despite being an oil and gas powerhouse, the United Arab Emirates has shown interest in investing in clean energy.
The Brazilian president is also expected to discuss infrastructure investments in Brazil with managers of sovereign wealth funds Mubadala Investments and Abu Dhabi Investment Authority.
Sheikh Mohamed bin Zayed Al Nahyan insists on Lula’s visit to continue close ties enjoy During the Jair Bolsonaro government. Lula reportedly considered postponing the visit because of Ramadan, but decided to go ahead at Abu Dhabi’s insistence.
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