Brazil’s Guedes Says Country will Trade with Both U.S. and China

The Minister stated that strengthening economic ties with the U.S. would not mean Brazil would be turning its back on other important partners, such as China.

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil is seeking economic partnerships with US businesses and opening its market to foreign investments said Brazilian Economy Minister, Paulo Guedes at a conference at the US Chamber of Commerce in Washington on Monday. Minister Guedes however said his country would not be dissuaded from trading with China.

"You can go there to help finance our highways, go after oil and gas concessions, and in three, four months, we will sell the pre-salt, everyone will be there: Chinese, Americans, Norwegians," said Guedes to a crowded room.

The Minister spoke . . .

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