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BUSINESS • 21/11/2024 06:29 PM

China, Brazil Strengthen Ties For A Just And Sustainable Future - CGTN

KUALA LUMPUR, Nov 21 (Bernama) -- China Global Television Network Corporation (CGTN), an international media organisation, in a recent article highlights the growing cooperation between China and Brazil as they strive for a more equitable and sustainable world.

A key example of their collaboration is the Belo Monte UHV transmission project, which was signed in 2014. This mega-project, spanning over 2,000 kilometres over tropical rainforests and rivers, has not only provided power to industrial hubs but also alleviated power shortages for over 22 million Brazilians.

The project has successfully transmitted 180 terawatt hours of hydropower, cutting 170 million tonnes of carbon dioxide (CO2) emissions and saving 64 million tonnes of coal.

Chinese President Xi Jinping emphasised the two countries' partnership as "golden partners" aiming for a shared future, while Brazilian President Luiz Inácio Lula da Silva praised China's role in Brazil's energy transition.

Both countries have elevated their ties to a China-Brazil community with a shared future for a more just world and a more sustainable planet, and agreed to align the Belt and Road Initiative with Brazil's development strategies, according to a statement.

As they celebrate 50 years of diplomatic ties, China and Brazil continue to deepen their cooperation in areas such as renewable energy, economic trade, and cultural exchange. China remains Brazil’s largest trading partner, and their joint efforts in renewable energy projects are driving both nations toward greener economies.

In addition, Xi called on the two countries to deepen synergies of their development strategies and enhance cooperation in areas including aerospace, agriculture, clean energy, and poverty reduction.

The two countries have also been working closely on global issues, advocating for peace, climate change solutions, and development strategies, with both countries committed to reducing poverty and are praised for their positive role in peace.

-- BERNAMA

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