IBOV 176,018 ▲ 1.90% IPSA 11,025 ▲ 0.72% IPC MEX 66,322 ▲ 0.32% MERVAL 3,216,809 ▼ 0.22% COLCAP 2,289.96 ▼ 0.12% BVL PERÚ 56,194.27 ▲ 0.42% USD/BRL5.11▼ 0.15% USD/MXN17.51▼ 0.23% USD/CLP925.23▼ 0.27% USD/COP3,244▼ 2.97% USD/PEN3.39▼ 0.21% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.20% USD/PYG6,055▲ 1.53% USD/BOB10.14▲ 4.01% USD/DOP58.48▼ 0.12% USD/CRC448.82▲ 1.40% USD/GTQ7.63▲ 2.28% USD/HNL26.72▲ 1.50% USD/NIO36.62▲ 0.26% USD/VES707.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.07▲ 0.80% USD/TTD6.75▲ 1.32% EUR/BRL5.83▼ 1.04% BRENT 76.10 ▼ 0.26% WTI 71.66 ▼ 0.58% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.09% GOLD 4,109 ▼ 0.52% SILVER 60.13 ▼ 0.41% SOY 1,181 ▲ 0.13% CORN 452.75 ▲ 5.84% WHEAT 641.25 ▲ 4.91% COFFEE 323.10 ▼ 9.48% SUGAR 14.74 ▼ 2.51% ORANGE JUICE 145.05 ▼ 3.24% COTTON 80.08 ▲ 5.15% COCOA 5,911 ▼ 6.31% BEEF 231.13 ▼ 1.75% CATTLE 357.40 ▲ 0.35% LITHIUM 72.13 ▼ 0.95% PETR4 39.53 ▲ 0.82% VALE3 73.79 ▲ 0.87% ITUB4 43.44 ▲ 2.00% BBDC4 18.43 ▲ 2.39% ABEV3 15.78 ▲ 0.38% BBAS3 20.32 ▲ 1.60% B3SA3 15.25 ▲ 3.11% WEGE3 46.30 ▲ 1.22% PRIO3 55.50 ▼ 0.20% SUZB3 41.59 ▲ 1.36% RENT3 40.79 ▲ 3.53% AZZA3 18.99 ▲ 2.87% CSAN3 3.94 ▲ 2.07% RAIZ4 0.36 ▼ 2.70% PCAR3 2.73 ▼ 1.09% GMAT3 3.95 ▲ 0.51% PSSA3 54.20 ▲ 1.59% CVCB3 1.27 ▲ 1.60% POSI3 3.92 ▲ 1.82% SLCE3 13.89 ▲ 0.73% NATU3 8.48 ▲ 0.24% BRKM5 6.46 ▲ 1.57% RANI3 7.97 ▲ 1.40% CSNA3 4.98 ▲ 3.75% CMIN3 5.03 ▲ 4.14% USIM5 8.29 ▼ 0.72% GGBR4 22.83 ▲ 1.56% ENEV3 26.80 ▲ 2.29% CPFE3 47.05 ▲ 1.64% CMIG4 11.29 ▲ 1.90% EQTL3 40.63 ▲ 2.83% LREN3 14.65 ▲ 3.53% VIVT3 35.17 ▲ 1.94% RAIL3 13.94 ▲ 1.38% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.45 ▲ 1.77% RDOR3 35.93 ▲ 2.22% HAPV3 10.38 ▲ 3.08% FLRY3 16.09 ▲ 2.16% SMTO3 16.13 ▲ 0.50% UGPA3 30.81 ▲ 2.36% VBBR3 32.63 ▲ 1.65% BBSE3 39.81 ▲ 1.35% BPAC11 57.40 ▲ 3.09% CURY3 33.92 ▲ 3.73% AERI3 2.09 ▲ 1.46% VIVARA 23.05 ▲ 2.08% COMPASS 25.00 ▲ 1.30% VAMOS 3.02 ▲ 2.03% SANB11 26.81 ▲ 2.13% ASAI3 8.87 ▲ 4.85% SBSP3 30.79 ▲ 2.63% WALMEX 49.18 ▲ 0.33% GMEXICO 195.45 ▲ 0.06% FEMSA 223.93 ▲ 0.70% CEMEX 21.80 ▲ 0.41% GFNORTE 187.67 ▲ 1.25% BIMBO 56.17 ▲ 0.43% TELEVISA 9.58 ▲ 0.95% AMX 22.75 ▲ 0.49% GAP 407.94 ▼ 1.40% ASUR 282.27 ▼ 0.47% OMA 236.43 ▼ 0.66% KOF 181.13 ▲ 0.13% GRUMA 284.20 ▲ 0.68% KIMBER 38.29 ▼ 0.39% SQM-B 69,100 ▼ 0.58% COPEC 6,020 — 0.00% BSANTANDER 77.50 ▲ 0.52% FALABELLA 5,812 ▼ 0.67% ENELAM 84.16 — 0.00% CENCOSUD 2,074 ▲ 0.85% CMPC 1,095 ▲ 1.47% BANCO CHILE 188.00 ▲ 0.53% LATAM AIR 26.37 ▼ 0.11% YPF 74,425 ▼ 1.78% GGAL 7,950 ▲ 0.89% PAMPA 5,210 ▲ 0.10% TXAR 661.50 ▼ 0.45% ALUAR 973.00 ▲ 0.46% TGS 9,375 ▲ 0.70% CEPU 2,300 ▼ 0.65% MIRGOR 17,500 ▲ 1.74% COME 45.90 ▲ 1.06% LOMA NEGRA 3,520 ▲ 0.64% BYMA 312.25 ▲ 0.81% TELECOM ARG 4,048 ▼ 1.76% ECOPETROL 15.39 — 0.00% BANCOLOMBIA 81.90 ▲ 1.20% GRUPO AVAL 5.09 ▲ 1.39% CREDICORP 395.80 ▲ 0.99% SOUTHERN COPPER 175.71 ▲ 0.73% BUENAVENTURA 29.68 ▲ 0.44% MERCADOLIBRE 1,826 ▲ 0.99% NUBANK 13.90 ▲ 1.70% XP 17.03 ▲ 3.75% PAGSEGURO 9.31 ▲ 3.39% STONE 11.25 ▲ 2.65% GLOBANT 31.33 ▲ 0.11% TECNOGLASS 43.68 ▲ 1.24% GAP AIRPORT 232.27 ▼ 0.94% ASUR 282.27 ▼ 0.47% OMA AIRPORT 107.97 ▼ 0.33% AMX ADR 25.98 ▲ 0.54% FEMSA ADR 127.81 ▲ 0.64% CEMEX ADR 12.52 ▲ 1.21% PETROBRAS ADR 17.18 ▲ 0.88% VALE ADR 14.40 ▲ 1.28% ITAU ADR 8.50 ▲ 2.60% SANTANDER BR 5.31 ▲ 3.31% AMBEV ADR 3.07 ▲ 0.82% CSN 0.98 ▲ 3.04% GERDAU 4.49 ▲ 1.70% LATAM ADR 56.45 ▼ 1.03% BTC 64,293 ▲ 1.74% ETH 1,797 ▲ 3.02% SOL 78.54 ▲ 0.63% XRP 1.11 ▲ 1.19% BNB 574.20 ▲ 1.01% ADA 0.17 ▲ 0.84% DOGE 0.07 ▲ 1.73% AVAX 6.74 ▲ 0.85% LINK 7.96 ▲ 3.00% DOT 0.89 ▲ 7.50% LTC 44.54 ▲ 1.77% BCH 251.88 ▲ 5.93% TRX 0.33 ▼ 0.39% XLM 0.19 ▲ 2.07% HBAR 0.07 ▲ 1.20% NEAR 1.92 ▼ 0.13% ATOM 1.58 ▲ 2.08% AAVE 95.22 ▲ 4.34% SELIC 14.25% EMBRAER 84.59 ▲ 0.87% EMBRAER ADR 66.15 ▲ 0.93% JBS 11.86 ▲ 1.07% JBS BDR 60.56 ▲ 0.85% MBRF3 15.64 ▲ 1.49% MBRFY 3.00 — 0.00% INTER 5.86 ▲ 2.63% EGX 52,312 ▲ 0.54% USD/ZAR16.30▼ 0.16% USD/NGN1,376▼ 0.12% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY161.82▼ 0.35% USD/CNY6.77▼ 0.39% DAX 25,104 ▼ 0.06% CAC 8,326 ▼ 0.01% FTSE 10,500 ▲ 0.26% MIB 52,733 ▲ 0.67% IBEX 19,433 ▲ 0.57% STOXX 641.93 ▲ 0.17% EUR/USD1.14▼ 0.07% GBP/USD1.34▲ 0.06% SPX 7,558 ▲ 0.19% DJI 52,542 ▲ 0.10% NDX 29,727 — 0.00% RUT 2,980 ▼ 0.43% TSX 35,274 ▲ 0.21% VIX 15.65 ▼ 1.20% USD/CAD1.42▼ 0.02% US10Y 4.5450 ▲ 0.13% IBOV 176,018 ▲ 1.90% IPSA 11,025 ▲ 0.72% IPC MEX 66,322 ▲ 0.32% MERVAL 3,216,809 ▼ 0.22% COLCAP 2,289.96 ▼ 0.12% BVL PERÚ 56,194.27 ▲ 0.42% USD/BRL 5.11 ▼ 0.15% USD/MXN 17.51 ▼ 0.23% USD/CLP 925.23 ▼ 0.27% USD/COP 3,244 ▼ 2.97% USD/PEN 3.39 ▼ 0.21% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.20% USD/PYG 6,055 ▲ 1.53% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.48 ▼ 0.12% USD/CRC 448.82 ▲ 1.40% USD/GTQ 7.63 ▲ 2.28% USD/HNL 26.72 ▲ 1.50% USD/NIO 36.62 ▲ 0.26% USD/VES 707.92 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.07 ▲ 0.80% USD/TTD 6.75 ▲ 1.32% EUR/BRL 5.84 ▼ 0.97% BRENT 76.10 ▼ 0.26% WTI 71.66 ▼ 0.58% IRON ORE 161.91 — — COPPER 6.28 ▲ 1.09% GOLD 4,109 ▼ 0.52% SILVER 60.13 ▼ 0.41% SOY 1,181 ▲ 0.13% CORN 452.75 ▲ 5.84% WHEAT 641.25 ▲ 4.91% COFFEE 323.10 ▼ 9.48% SUGAR 14.74 ▼ 2.51% ORANGE JUICE 145.05 ▼ 3.24% COTTON 80.08 ▲ 5.15% COCOA 5,911 ▼ 6.31% BEEF 231.13 ▼ 1.75% CATTLE 357.40 ▲ 0.35% LITHIUM 72.13 ▼ 0.95% PETR4 39.53 ▲ 0.82% VALE3 73.79 ▲ 0.87% ITUB4 43.44 ▲ 2.00% BBDC4 18.43 ▲ 2.39% ABEV3 15.78 ▲ 0.38% BBAS3 20.32 ▲ 1.60% B3SA3 15.25 ▲ 3.11% WEGE3 46.30 ▲ 1.22% PRIO3 55.50 ▼ 0.20% SUZB3 41.59 ▲ 1.36% RENT3 40.79 ▲ 3.53% AZZA3 18.99 ▲ 2.87% CSAN3 3.94 ▲ 2.07% RAIZ4 0.36 ▼ 2.70% PCAR3 2.73 ▼ 1.09% GMAT3 3.95 ▲ 0.51% PSSA3 54.20 ▲ 1.59% CVCB3 1.27 ▲ 1.60% POSI3 3.92 ▲ 1.82% SLCE3 13.89 ▲ 0.73% NATU3 8.48 ▲ 0.24% BRKM5 6.46 ▲ 1.57% RANI3 7.97 ▲ 1.40% CSNA3 4.98 ▲ 3.75% CMIN3 5.03 ▲ 4.14% USIM5 8.29 ▼ 0.72% GGBR4 22.83 ▲ 1.56% ENEV3 26.80 ▲ 2.29% CPFE3 47.05 ▲ 1.64% CMIG4 11.29 ▲ 1.90% EQTL3 40.63 ▲ 2.83% LREN3 14.65 ▲ 3.53% VIVT3 35.17 ▲ 1.94% RAIL3 13.94 ▲ 1.38% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.45 ▲ 1.77% RDOR3 35.93 ▲ 2.22% HAPV3 10.38 ▲ 3.08% FLRY3 16.09 ▲ 2.16% SMTO3 16.13 ▲ 0.50% UGPA3 30.81 ▲ 2.36% VBBR3 32.63 ▲ 1.65% BBSE3 39.81 ▲ 1.35% BPAC11 57.40 ▲ 3.09% CURY3 33.92 ▲ 3.73% AERI3 2.09 ▲ 1.46% VIVARA 23.05 ▲ 2.08% COMPASS 25.00 ▲ 1.30% VAMOS 3.02 ▲ 2.03% SANB11 26.81 ▲ 2.13% ASAI3 8.87 ▲ 4.85% SBSP3 30.79 ▲ 2.63% WALMEX 49.18 ▲ 0.33% GMEXICO 195.45 ▲ 0.06% FEMSA 223.93 ▲ 0.70% CEMEX 21.80 ▲ 0.41% GFNORTE 187.67 ▲ 1.25% BIMBO 56.17 ▲ 0.43% TELEVISA 9.58 ▲ 0.95% AMX 22.75 ▲ 0.49% GAP 407.94 ▼ 1.40% ASUR 282.27 ▼ 0.47% OMA 236.43 ▼ 0.66% KOF 181.13 ▲ 0.13% GRUMA 284.20 ▲ 0.68% KIMBER 38.29 ▼ 0.39% SQM-B 69,100 ▼ 0.58% COPEC 6,020 — 0.00% BSANTANDER 77.50 ▲ 0.52% FALABELLA 5,812 ▼ 0.67% ENELAM 84.16 — 0.00% CENCOSUD 2,074 ▲ 0.85% CMPC 1,095 ▲ 1.47% BANCO CHILE 188.00 ▲ 0.53% LATAM AIR 26.37 ▼ 0.11% YPF 74,425 ▼ 1.78% GGAL 7,950 ▲ 0.89% PAMPA 5,210 ▲ 0.10% TXAR 661.50 ▼ 0.45% ALUAR 973.00 ▲ 0.46% TGS 9,375 ▲ 0.70% CEPU 2,300 ▼ 0.65% MIRGOR 17,500 ▲ 1.74% COME 45.90 ▲ 1.06% LOMA NEGRA 3,520 ▲ 0.64% BYMA 312.25 ▲ 0.81% TELECOM ARG 4,048 ▼ 1.76% ECOPETROL 15.39 — 0.00% BANCOLOMBIA 81.90 ▲ 1.20% GRUPO AVAL 5.09 ▲ 1.39% CREDICORP 395.80 ▲ 0.99% SOUTHERN COPPER 175.71 ▲ 0.73% BUENAVENTURA 29.68 ▲ 0.44% MERCADOLIBRE 1,826 ▲ 0.99% NUBANK 13.90 ▲ 1.70% XP 17.03 ▲ 3.75% PAGSEGURO 9.31 ▲ 3.39% STONE 11.25 ▲ 2.65% GLOBANT 31.33 ▲ 0.11% TECNOGLASS 43.68 ▲ 1.24% GAP AIRPORT 232.27 ▼ 0.94% ASUR 282.27 ▼ 0.47% OMA AIRPORT 107.97 ▼ 0.33% AMX ADR 25.98 ▲ 0.54% FEMSA ADR 127.81 ▲ 0.64% CEMEX ADR 12.52 ▲ 1.21% PETROBRAS ADR 17.18 ▲ 0.88% VALE ADR 14.40 ▲ 1.28% ITAU ADR 8.50 ▲ 2.60% SANTANDER BR 5.31 ▲ 3.31% AMBEV ADR 3.07 ▲ 0.82% CSN 0.98 ▲ 3.04% GERDAU 4.49 ▲ 1.70% LATAM ADR 56.45 ▼ 1.03% BTC 64,293 ▲ 1.74% ETH 1,797 ▲ 3.02% SOL 78.54 ▲ 0.63% XRP 1.11 ▲ 1.19% BNB 574.20 ▲ 1.01% ADA 0.17 ▲ 0.84% DOGE 0.07 ▲ 1.73% AVAX 6.74 ▲ 0.85% LINK 7.96 ▲ 3.00% DOT 0.89 ▲ 7.50% LTC 44.54 ▲ 1.77% BCH 251.88 ▲ 5.93% TRX 0.33 ▼ 0.39% XLM 0.19 ▲ 2.07% HBAR 0.07 ▲ 1.20% NEAR 1.92 ▼ 0.13% ATOM 1.58 ▲ 2.08% AAVE 95.22 ▲ 4.34% SELIC 14.25% EMBRAER 84.59 ▲ 0.87% EMBRAER ADR 66.15 ▲ 0.93% JBS 11.86 ▲ 1.07% JBS BDR 60.56 ▲ 0.85% MBRF3 15.64 ▲ 1.49% MBRFY 3.00 — 0.00% INTER 5.86 ▲ 2.63% EGX 52,312 ▲ 0.54% USD/ZAR 16.30 ▼ 0.06% USD/NGN 1,376 ▲ 0.08% NIKKEI 68,558 ▲ 1.20% CSI300 4,781 ▼ 1.96% HSI 24,175 ▲ 0.60% NIFTY 24,207 ▲ 1.02% KOSPI 7,476 ▲ 2.52% JCI 5,924 ▲ 0.20% USD/JPY 161.78 ▼ 0.35% USD/CNY 6.7663 ▼ 0.37% DAX 25,104 ▼ 0.06% CAC 8,326 ▼ 0.01% FTSE 10,500 ▲ 0.26% MIB 52,733 ▲ 0.67% IBEX 19,433 ▲ 0.57% STOXX 641.93 ▲ 0.17% EUR/USD 1.1422 ▼ 0.10% GBP/USD 1.3403 ▼ 0.01% SPX 7,558 ▲ 0.19% DJI 52,542 ▲ 0.10% NDX 29,727 — 0.00% RUT 2,980 ▼ 0.43% TSX 35,274 ▲ 0.21% VIX 15.65 ▼ 1.20% USD/CAD 1.4164 ▼ 0.01% US10Y 4.5450 ▲ 0.13%
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Business - Brazil Rio de Janeiro

China as First Official Visit Abroad for Brazil’s Temer

By · July 11, 2016 · 2 min read

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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – If suspended president Dilma Rousseff is impeached from office in August, Brazil’s interim President, Michel Temer, plans to take his first official overseas trip as leader of the country in September to China, Industry and Foreign Trade Minister Marcos Pereira announced over the weekend. Temer’s main goal is to boost Brazilian exports to the Asian country, especially of aircrafts and beef.

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Plane being manufactured at Embraer plant, photo by Sgt. Batista/Brazilian Air Force News Agency.
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According to the minister, who attended the G20 Trade Ministers Meeting in Shanghai, China, over the weekend, President Temer is expected to sign several trade agreements with China during his visit. The Asian country is already Brazil’s most important trading partner.

Last year, during Chinese Prime Minister Li Keqiang’s visit to Brazil, the two countries signed investment agreements worth US$53.3 billion to be made by Chinese companies in Brazil in the areas of agribusiness, auto parts, equipment transport, energy, railways, highways, airports, ports, storage and services. Now Temer wants to increase the presence of Brazilian products in China.

According to government news sources, Minister Pereira discussed with his Chinese counterpart, Minister Gao Hucheng, speeding up the signing of the purchasing contract of ten aircrafts manufactured by Brazilian aircraft giant, Embraer, and the authorization to import the remaining 18 units of the forty-aircraft contract signed in 2014, scheduled to be delivered between 2018 and 2021.

Also on the menu for Temer’s visit is a possible discussion on the increase of Brazilian beef exports to China. Beef exports were temporarily suspended in 2012, when China banned Brazilian beef due to fears of mad cow disease. The ban was suspended in 2014, and Brazil quickly became once again one of China’s largest suppliers.

Minister Pereira also asked that China ease its entry requirements of Brazilian containers, today under heavy scrutiny due to Zika virus. According to the minister, the sanctions penalize Brazilian businessmen.

Foreign Relations Minister, José Serra, says Brazil’s relationship with China will be a top priority for the Temer Administration, with the South American country trying to jump-start its manufactured and agribusiness exports to China.

According to analysts, the Temer administration has given clear signs that it will be looking to strengthen its commerce ties with strategic partners such as Argentina and China, and somewhat distance itself from some of the Rousseff’s administration allies, such as the government of Nicolas Maduro in Venezuela.

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