Two banks have recently signed an agreement to create a bilateral investment fund expected to reach approximately one billion dollars. The Export-Import Bank of China (CEXIM) will contribute around $600 million, while the National Bank for Economic and Social Development (BNDES) will provide approximately $400 million.

The fund is expected to become operational in 2026, focusing on strategic areas for economic development. The fund's resources will be primarily channelled into the mining and infrastructure sectors, which are considered essential for the growth of the Brazilian economy.

In addition to these areas, BNDES has also expressed interest in projects related to the energy transition, agriculture and artificial intelligence, as part of a diversification strategy aimed at promoting more sustainable and innovative development.

CEXIM plays an important role in China's internationalisation strategy, supporting foreign trade and international investment. The partnership with BNDES represents an extension of this strategy, allowing the Chinese bank to strengthen its presence in Brazil and deepen economic ties between the two countries. The fund's investments will be made in the capital markets, including the acquisition of debt securities and equity stakes.

(Source: Diário da Região, on 12 April)