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Energy deal boosts China-Brazil ties

(2017-09-02)Electricity is a major highlight of the 14 cooperative documents signed on Friday after a talk in Beijing between President Xi Jinping and his Brazilian counterpart, Michel Temer.

At the document-signing ceremony, which was witnessed by the two leaders, the State Grid, China's State-owned energy giant, was granted permission for construction of the second phase of the ultra-high-voltage direct current transmission project of Brazil's Belo Monte hydropower plant.

Additionally, China National Nuclear Corp signed a memorandum of understanding with Eletronuclear, a leading nuclear power company in Brazil.

Source:China Daily
Date:Sep 04,2017