Advertisement

After spurning China for years, Brazil reveals plan to join Belt and Road Initiative

  • Luiz Inacio Lula da Silva sees synergy between the mainland’s interests and his country’s infrastructure gap as he pursues tangible results

Reading Time:2 minutes
Why you can trust SCMP
36
Brazilian President Luiz Inacio Lula da Silva says his administration is preparing a proposal to join the China-centred trade and infrastructure scheme. Photo: Reuters
Igor Patrickin Washington
Brazil’s president revealed on Friday that his administration was putting together “a proposal to join” the Belt and Road Initiative, China’s flagship infrastructure and investment project.
Advertisement

Luiz Inacio Lula da Silva shared the news during an event announcing investments by the Brazilian Development Bank to renovate a highway between Rio de Janeiro and Santos, a city 85km (53 miles) from Sao Paulo, site of the country’s main port.

Describing a synergy between Chinese interests and Brazil’s infrastructure gap, Lula voiced openness to accession as long as it brought tangible results.

“As China wants to discuss this Silk Road [the initiative’s former name], we will have to prepare a proposal to assess ‘What do we gain? what’s in it for Brazil if we participate in this thing?’,” he said.

Lula’s comments marked the first time the Brazilian government has openly discussed the possibility of joining the scheme, despite China extending several invitations in the past.
Advertisement
Advertisement