Core Points - Brazil's National Development Bank (BNDES) announced the establishment of a $1 billion bilateral fund in collaboration with the Export-Import Bank of China, focusing on investments in Brazil's capital market, particularly in energy transition, infrastructure, and digital economy [1] - This fund marks a significant milestone in Sino-Brazilian financial cooperation, being the first jointly established fund denominated in Brazilian reais, aimed at enhancing economic and financial ties between the two countries [1] - The fund is expected to commence operations in Brazil starting in 2026, with BNDES contributing approximately $400 million and the Export-Import Bank of China planning to invest $600 million [1] Investment Focus - The fund will prioritize investments in green low-carbon transition, infrastructure development, bio-economy, agriculture, mining, digital economy, and artificial intelligence [1] - The establishment of this fund follows a cooperation memorandum signed on September 17, laying the institutional groundwork for the fund's creation [1]
【环球财经】巴西与中国将设立十亿美元双边基金
Xin Hua Cai Jing·2025-10-04 02:14