On the morning of June 3, the National Cotton Trading Market and the Brazilian Cotton Grounder Association signed a memorandum of understanding in Beijing. The Party Committee of the China National Supply and Marketing Cooperation, the deputy director of the Council, and the party secretary of the China Supply and Marketing Group, the Chairman of the Brazil, and the Brazil Warai attended the signing ceremony and held talks.

At the signing ceremony, Hou successfully welcomed the arrival of the Brazilian Ambassador to China, and the arrival of the group team, detailing the important role of the supply and marketing cooperative in my country's agricultural rural development, and the development of the national cotton trading market, business Scale and core advantages. He said that the resources complementary in China, 2020, Brazil became China's second largest cotton importing country, which is unremitting efforts to the Brazilian Cotton Grounders Association and the strong support of the Embassy in China. Through the signing of this cooperation memo, both parties reach a number of cooperative consensus in cotton international trade, investment promotion, information exchange, and training, which is conducive to consolidating and deepening partnerships, establishing long-term cooperative mechanisms, and jointly promoting cotton trade in the two countries. Play a bigger role.

      The Brazil Valai said that the deputy director of Hou Shun's deputy director fully reflects the high attention of the China National Supply and Marketing Cooperation for the cooperation between the two parties and expresses this. Brazil accounted for a rapid increase in China's cotton import market, increased by less than 6% in 2017 to nearly 30% in 2020. I hope that the future will continue to work closely with China in the future, and Brazil has become China's most important and sustainable cotton supply country by achieving agriculture sustainable development and its competitiveness. In the future, both sides will work together in cotton trade investment, meeting cooperation, technical exchange, information training, and quality control, and jointly promote the healthy and stable development of cotton in China.

The International Cooperation Department of Supply and Marketing, the Brazilian Embassy, the Brazilian Cotton Grounding Association, the Brazilian Cotton Export Association and the National Cotton Trading Market and the Chinese Cotton Information Network participated in the talks and signing ceremony.