OREANDA-NEWS. August 06, 2014. In the presence of Chinese President Xi Jinping and Brazilian President Dilma Rousseff, Li Ruogu, President of China Eximbank and Murilo Ferreira, President of Vale signed the Framework Cooperation Agreement Between the Export-Import Bank of China and Vale S.A.in Brasilia.

The agreement is a result of the efforts made by China Eximbank and Vale, one of the world’s largest mining companies to produce win-win results.

This will not only write a new chapter in the partnership between the two institutions, but also strengthen business ties between China and Brazil.