Agribusiness is a highlight of President Bolsonaro's trip to the Middle East and Asia

President Jair Bolsonaro began a ten-day trip last Saturday (19) in an attempt to strengthen commercial ties with partners in East Asia and the Middle East, reports “Agência Brasil”. This Monday (21), he arrived in Japan. During the tour, in addition to Japan, he will have commitments in China, the United Arab Emirates, Qatar and Saudi Arabia. 

According to members of the government, the president wants to signal to the world that Brazil is committed to economic openness, the business environment and the reform program. The Brazilian president's schedule in Japan includes the enthronement event of Emperor Naruhito, on Tuesday (22).

On Wednesday (23), Bolsonaro will participate in a banquet offered to all presidents by Japanese Prime Minister Shinzo Abe. On the same day, there will be a meeting between Bolsonaro and members of the group of notables, made up of directors of the main companies in Japan (Mitsui, Toyota, Honda, Mitsubishi, among others).

On Thursday (24), the Brazilian delegation heads to Beijing. In China, Bolsonaro will meet with authorities from the Asian country on October 24th and 25th. During his visit to China, the president will continue an extensive schedule of mutual visits by authorities from both countries.

Together, Japan and China have a stock of US$ 100 billion in investments in Brazil. Asia leads Brazilian exports and imports. In the first nine months of 2019 alone, 40% of Brazilian exports were destined for the region, while 33% of Brazilian imports came from Asia.

Then, on Saturday (26), Bolsonaro heads to Abu Dhabi, starting the Arab half of the trip. After the visit to the United Arab Emirates, the president heads to Doha. He spends the morning and afternoon of the 28th in the capital of Qatar and then leaves for Riyadh, Saudi Arabia, where he will stay until the 30th.

When traveling through the Arab world, the Brazilian agenda also has a commercial bias, according to Itamaraty. In this sense, the highlight is the increase in Brazilian agricultural exports, the attraction of investments for the concession and privatization projects of assets under the Investment Partnership Program (PPI), in addition to Arab interest in Brazil's defense industry.

Source: DATA

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