Brazilian President Luiz Inácio Lula da Silva announced this weekend that he clinched a meat export deal with Vietnam during his meeting with Vietnamese Prime Minister Phạm Minh Chinh, thus adding a new notch to bilateral trade, which last year amounted to US$ 7.7 billion with a US$ 415 million surplus for the South American country.
Beijing has come to the rescue of Brazil's slumping economy with trade, finance and investment deals worth at least 53 billion dollars in energy, mining, aviation and upgrading of dilapidated infrastructure.