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Brazil signs $12.65 billion in deals with UAE, China amid struggling economy 

Brazil signed agreements worth $2.53 billion with the UAE and $10.12 billion with China. 
Brazilian President Luiz Inacio Lula da Silva (R) inspects an honor guard with Chinese President Xi Jinping during a welcome ceremony held outside the Great Hall of the People on April 14, 2023 in Beijing, China.

DUBAI — Brazil signed agreements for about $12.5 billion with the United Arab Emirates (UAE) and China this week, as the country’s President Luiz Inácio "Lula" da Silva concluded his visits to Beijing and Abu Dhabi. 

The Brazilian president completed his four-day trip to the UAE and China on Monday, which concluded with major economic deals. 

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