Brazil’s Acu Port is expected to reap more rewards under China’s Belt & Road Initiative following frequent trade exchanges between China and Brazil said the Vice President of Latin America’s biggest ports.

Tessa Major, Vice president of International Affairs at Acu Port made the remarks on the occasion of the upcoming 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, which has attracted over 2,000 enterprises home and abroad.

The Acu Port is a modern industrial zone that includes a 130-square-meter port area and 40-square meters of the reserved area. It is about 180 kilometers from the oil-rich Campos Basin off Brazil’s southeastern coast and around 500 kilometers from the Minas Gerais State where numerous iron ore and other mineral resources are found.

“Clearly, we have a number of base ingredients for large industrial development. We have energy available, we have gas available, we have iron ore and we have oil. So this full package that we bring to the table next to the fact that we are private and very innovative in pushing the business forward, I do believe that all of that together will benefit the relationship, also our business relationship with China,” she said.

Due to the pandemic situation, the CIFTIS has prepared both online and offline events to offer more opportunities for exhibitors.

Major said such an innovative and friendly way gives more people across the world a chance to learn about Acu Port.

“We have a great new communication tool which allows you to visit our port from the comfort of your sofa and so if you have a mobile device, you can effectively see port operations ongoing in our port, you can visit the different terminals. So I think in a virtual type of event that this will absolutely or hopefully attract an additional audience because you can truly visit the port despite being in a different country and despite being in your home,” said the vice president.

At the Acu Port, about 60 percent of goods are either from or for China each year.

Besides oil and iron ore, millions of tons of crops and beans are exported to China through the “highway” every year.

“I really believe that we are the prime destination for future trade between Brazil and China, also taking into account that China is still the largest trading partner of Brazil and we believe that we will surely be a part of that relationship and that our part will only grow over time because of all the advantages that we bring to the table,” she said.

As one of China’s three major open exhibition platforms, the upcoming CIFTIS 2020, scheduled for Sept 4-9, is one of the first major international economic and trade events to be held offline since the outbreak of the COVID-19 pandemic.