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Xi Jinping and Joe Biden in Brazil in November! Fierce Competition to Pressure President Lula on the New Silk Road

Published on 23/10/2024 at 22:18
Joe Biden, Xi Jinping, Lula, Brasil
Foto: Reprodução
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President Lula Will Face Pressure from Xi Jinping and Joe Biden, Who Will Be in Brazil to Discuss the New Silk Road. Discover How This Dispute Between Giants Can Influence the Economic and Political Decisions of the Country!

President Lula da Silva is preparing to welcome two of the world’s most influential leaders, Joe Biden and Xi Jinping, in a series of engagements scheduled for November in Brazil. The meetings will take place around the G20 summit, which will be held in Rio de Janeiro, and include a visit from Biden to the Amazon, followed by an official state meeting between Lula and Xi.

Joe Biden’s Visit to Brazil

The President of the United States, Joe Biden, confirmed his attendance at the G20 summit, which will take place in the seaside capital. The information was disclosed by Jake Sullivan, the U.S. National Security Advisor, during an event held in Washington. Sullivan emphasized that during his stay in Brazil, Biden also intends to expand the Partnership for Workers’ Rights, an initiative launched with Lula last year at the UN General Assembly.

Xi Jinping, Joe Biden, Lula

The partnership aims to combat forced labor, promote decent working conditions, and eliminate discrimination in the workplace. According to Sullivan, the two leaders are discussing the possibility of including other countries in this alliance.

In addition, Biden will use the summit as a platform to reinforce the international effort regarding the global debt crisis.

The White House reported that U.S. participation in the event will focus on persuading financial institutions and private creditors to provide relief to debt-burdened nations, especially in the context of post-pandemic economic recovery.

Xi Jinping – The Struggle for Influence in Latin America

As Biden prepares for his visit to Brazil, Beijing is also intensifying its relations with the South American country. Xi Jinping, President of China, will make a state visit to Lula shortly after the G20 concludes.

Xi Jinping, Joe Biden, Lula
The President of China, Xi Jinping and Lula, in 2023 – Photo: PR

The meeting with the Chinese leader will be marked by a series of events involving ministers from both countries, as well as a formal dinner.

These movements reflect the growing competition between Washington and Beijing for influence in Latin America, a region that has become increasingly strategic for both countries.

While the U.S. seeks to expand its reach through international financing and initiatives such as the Partnership for Workers’ Rights, China has utilized the New Silk Road to consolidate its relationships in the region.

The New Silk Road is an ambitious infrastructure project led by China that aims to economically connect countries in various parts of the world. In January of this year, Lula had already indicated that Brazil is evaluating joining this Chinese initiative, which raised concerns in Washington.

Trip to the Amazon and COP 30

Another highlight on Biden’s agenda will be his visit to the Amazon, planned to take place in Belém, the city that will host COP 30 in 2025.

According to sources linked to the Brazilian government, the U.S. president will announce a contribution to the Amazon Fund, which finances actions for the preservation of the rainforest.

The visit to the Amazon reinforces the environmental importance in international discussions, as the forest is considered crucial for carbon absorption, helping to mitigate the effects of climate change.

This part of Biden’s trip is being viewed as a strategic move, given the U.S. commitment to environmental issues, especially considering the impact that preserving the Amazon has on the global stage.

Restructuring Global Debt

The issue of global debt has been a significant topic at recent G20 summits. At last year’s event held in India, diplomats tried to convince China, the world’s largest sovereign creditor, to accept a reduction in loan rates for developing countries.

Beijing, however, rejected the appeals and advocated for a collaborative and more comprehensive approach to addressing the debt crisis.

This topic is expected to resurface at the meeting in Rio de Janeiro, with Washington and other countries pressing for consensus on financial relief for the nations most affected by external debt.

Beijing, for its part, is likely to continue resisting these proposals, insisting on the importance of a solution that involves a detailed analysis of the underlying causes of the crisis.

The series of diplomatic meetings between Lula, Biden, and Xi Jinping highlights Brazil’s importance in the current geopolitical landscape. As the U.S. and China compete for influence in Latin America, Brazil positions itself as a key player in shaping global alliances.

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Fabio Lucas Carvalho

Jornalista especializado em uma ampla variedade de temas, como carros, tecnologia, política, indústria naval, geopolítica, energia renovável e economia. Atuo desde 2015 com publicações de destaque em grandes portais de notícias. Minha formação em Gestão em Tecnologia da Informação pela Faculdade de Petrolina (Facape) agrega uma perspectiva técnica única às minhas análises e reportagens. Com mais de 10 mil artigos publicados em veículos de renome, busco sempre trazer informações detalhadas e percepções relevantes para o leitor.

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