01:07
The Brazilian Vice President also discussed the current relationship between China and Brazil and where he sees it going.
HAMILTON MOURAO BRAZILIAN VICE PRESIDENT "We have a fantastic relationship, but, what is happening on Brazil's side? We need to add value to the goods that we export to China. We are a great supplier of commodities, but we need to be more than that. Therefore, this is a decisive step in our relations. We need to see a relationship where those goods coming from Brazil have the same value as those exported from China to Brazil. We need to apply some knowledge. We are in the age of knowledge. The great economy of the 21st century is the economy of knowledge. And therefore, this is the step forward that we need to take in this relationship, and I think that the role played by COSBAN will be decisive in all of this.
This will be good for our country, because it will mean a generation of employment in Brazil. Therefore, Chinese investments are always very welcome in Brazil."