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2009-02-24 | All chapters

Brazil to supply oil to China for loans

 

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http://www.ft.com/cms/s/65f2d5b8-fedb-11dd-b19a-000077b07658,dwp_uuid=9c33700c-4c86-11da-89df-0000779e2340,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F65f2d5b8-fedb-11dd-b19a-000077b07658%2Cdwp_uuid%3D9c33700c-4c86-11da-89df-0000779e2340.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fworld%2Fasiapacific%2Fchina

 

Brazil and China signed a landmark agreement on Thursday that will ensure long-term supplies of oil to China while delivering much-needed financing to help Brazil develop enormous reserves of oil and gas recently discovered in its coastal waters.