New Brazil president woos business allies in China

2016-09-03 08:48
Michel Temer. (Evaristo Sa, AFP)

Michel Temer. (Evaristo Sa, AFP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Hangzhou - New Brazilian President Michel Temer insisted on  Friday his country has turned a page on years of crises as he wooed businesses in China after replacing Dilma Rousseff in a bitter impeachment fight.

"Even though we suffered from political and economic upheaval, as well as economic downturn, this page has been turned," Temer said in a speech in the Chinese commercial hub Shanghai.

"Brazil has put all the economic and political instability it suffered in the past few years behind us."

Temer, 75, was seeking to consolidate his position after senators in Brasilia voted on Wednesday to convict Rousseff on charges of having illegally manipulated government accounts. She rejected the effort as a "coup".

Temer was promptly sworn in and went to China for the G20 summit which starts in nearby Hangzhou on Sunday.

On his international presidential debut in Brazil's biggest export market, he oversaw the signing of billions of dollars' worth of contracts by Brazilian companies.

His Chinese counterpart Xi Jinping called him an "old friend" when they met on the shores of Shanghai's landmark West Lake, adding: "China and Brazil make up together the East and West's two biggest developing countries".

Temer said it was an "honour" that his first presidential trip was to China, adding: "I am even more honoured to hear you say that we are friends."

Steel, food, aviation

Earlier, with Shanghai mayor Yang Xiong, Temer witnessed the signing of nine agreements covering projects from infrastructure to agriculture and said that China was now "Brazil's most-needed co-operative partner".

Brazilians "need China's support, we need China's co-operation," he added.

Newspapers reported that Brazilian companies signed $4.6bn worth of contracts with Chinese firms during Temer's visit.

Those included investments by Chinese companies such as CBSteel, China Communications Construction Company and agriculture firm Hunan Dakang, the Brazilian press reports said.

Brazilian aircraft-maker Embraer said in a statement it signed a deal to sell up to five of its E190 passenger jets to Colorful Guizhou Airlines for $249m.

The new Brazilian leader faces multiple difficulties at home, with the country deep in recession.

Rousseff has filed a Supreme Court challenge against her impeachment.

Temer's bid to shore up his authority will face strong opposition from her Workers' Party and allied leftist organisations.

And his vows to create jobs through market-friendly reforms while tackling the country's fiscal deficit through spending and pension cuts are likely to provoke strong opposition both on the streets and in Congress.

Sworn in to serve out the remainder of Rousseff's four-year presidential term up to the end of 2018, Temer assured Chinese entrepreneurs that those who have signed deals in Brazil will be "well protected" by its laws.

Read more on:    michel temer  |  dilma rousseff  |  brazil  |  china

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.