Brazil has decided not to join Beijing’s billion-dollar Belt and Road Initiative (BRI) plan. Thus, it has become the second country after India in the BRICS group, which has not supported this huge project. Celso Amorim said that Brazil will not join the BRI.
Beijing. In a blow to China’s Belt and Road Initiative (BRI) plan, Brazil has decided not to join Beijing’s billion-dollar initiative. Thus, it has become the second country after India in the BRICS group, which has not supported this huge project. Celso Amorim, a special adviser to Brazilian President Lula da Silva, said on Monday that Brazil will not join the BRI but will instead seek alternative ways to partner with Chinese investors.
He told Brazilian newspaper O Globo that Brazil wanted to take relations with China to a new level, without signing any accession agreement. Amorim said, “We are not making any treaty.” According to the news of Hong Kong-run newspaper ‘South China Morning Post’, this decision of Brazil is contradictory to the plan of China that on November 20, Chinese President Xi Jinping This should be carried out mainly during the state visit to Brasília. Officials from Brazil’s economy and foreign ministries recently opposed the idea, according to the newspaper.
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