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Brazil’s Lula Focuses on Trade and Cooperation During Vietnam Visit

President Lula is visiting Vietnam with business leaders from Embraer and JBS to discuss potential deals in aviation and agriculture, including beef exports. This visit coincides with Vietnam’s commitments to increase U.S. imports amid trade pressures.

Brazil’s President Luiz Inacio Lula da Silva is set to visit Vietnam from March 27 to 29, accompanied by a business delegation that includes representatives from Embraer and JBS. These companies are exploring potential deals in the Southeast Asian nation. This visit comes amid Vietnam’s pressure to reduce its trade surplus with the United States, where Brazilian soybeans are a key export.

In summary, President Lula’s visit to Vietnam aims to enhance bilateral trade and cooperation, particularly in sectors like defense, agriculture, and energy. With discussions surrounding beef imports and the aviation market, the visit signals a strategic effort to strengthen ties between Brazil and Vietnam, potentially expanding Brazil’s influence in Southeast Asia.

Original Source: www.usnews.com

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