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China, Brazil sign $27 billion trade agreements

Updated: 05 20 , 2015 16:20
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China, Brazil sign $27 billion trade agreements

Chinese premier Li addresses the closing ceremony of a bilateral business summit in Brasilia on May 19, 2015 [Photo/Xinhua]

Visiting Chinese Premier Li Keqiang said here Tuesday that China and Brazil have signed trade agreements worth of 27 billion U.S. dollars.

Li made the remarks at a joint press conference with Brazilian President Dilma Rousseff after they held talks and attended a video ground-breaking ceremony for the ultra-high voltage electricity transmission project in the Belo Monte hydroelectric dam.

After the press conference, the Chinese premier addressed the closing ceremony of a bilateral business summit and will meet with Brazilian parliamentary leaders.

Later in the day, he will travel to Rio De Janeiro to continue his visit.

Brazil is the first stop of Li's four-nation Latin America tour, his first to the region since he assumed premiership in 2013. Besides Brazil, Li will also visit Colombia, Peru and Chile till May 26.