Area
Brazil
Commodity Group
Oilseeds, oils and meals
Commodity
Soybeans
Date
01/05/2017
Policy Category
Trade
Policy Instrument
Bilateral cooperation
Description
Set up a Brazilian-Chinese investment fund for infrastructure projects, with a view to allow China to invest in Brazilian railroad, highway and port ventures that would lower the cost of shipping raw agricultural products such as soybeans to China.
Notes
The Governments of Brazil and China announced the creation of an investment fund for infrastructure projects. The fund will be valued at USD 20 billion, with Brazil and China contributing, respectively, one-fourth and three-fourths of the resources. Reportedly, China is eager to invest in railroad, highway and port projects that could lower the cost of raw agricultural products such as soybeans being shipped to China. One such project is the Ferrogr
