The New York Times/Reuters, 06/22/2012
RIO DE JANEIRO — Leaders of Brazil and China signed trade agreements aimed at increasing investment and trade flows at a time when economic growth in both nations is losing momentum.
President Dilma V. Rousseff of Brazil and Prime Minister Wen Jiabao of China agreed on a common agenda of investments in the mining, industrial, aviation and infrastructure sectors to encourage commerce between the two nations.
Ms. Rousseff and Mr. Wen, who is in Brazil to attend Rio+20, the sustainable development summit meeting sponsored by the United Nations, signed the agreements Thursday. Relations between the nations will be accorded the status of a “global strategic partnership,” highlighting their growing influence in the global economy.