Bloomberg News reported on April 11 that Alexandre Silveira, Brazil's Minister of Mines and Energy, sees the trade war initiated by the United States as an opportunity and plans to visit China to seek partnerships with companies including Huawei and BYD for energy storage. An official told Bloomberg that Silveira's visit is scheduled for next week, ahead of Brazil's first public auction for battery energy storage, which is crucial for the growth of renewable energy. His itinerary also includes discussions with State Grid Corporation of China on building transmission lines to address grid bottlenecks.
In a break at a conference in Rio de Janeiro on April 10, Silveira told reporters, "Trump's bluster and misperceptions of international relations will create opportunities for Brazil."
China is Brazil's largest trading partner. The two countries have a deep trade relationship.
(Translated by Zhang Lin)
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