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China, Brazil hold Finance Deputies Dialogue

(Xinhua)
Updated: 2006-04-24 09:31

The first China-Brazil Finance Deputies Dialogue was held in Wahington, US on Sunday on the sidelines of the spring meeting of the World Bank and the International Monetary Fund (IMF).

In the Dialogue, the two sides exchanged views on macroeconomic situations, including their own economic performance, domestic fiscal and monetary policy issues.
 
They also had extensive discussion on economic development strategies and financial sector reforms of the two countries. The Dialogue was held in candid and in-depth manner.

Two sides stressed the important role the Dialogue has played in strengthening mutual understanding and cooperation in macroeconomic and finance areas of the two countries. Chinese Vice Finance Minister Li Yong and Brazilian Vice Finance Minister Luiz Pereira co-chaired the Dialogue.

High-level officials from Finance Ministries and Central Banks of the two countries attended the Dialogue.

The China-Brazil Finance Dialogue was established pursuant to the Memorandum of Understanding between the Ministry of Finance of China and the Ministry of Finance of Brazil on the Launch of the China-Brazil Finance Dialogue, signed by the two Ministries in Beijing on March 23, 2006.