Brazil, UAE seal climate, biofuels deals as leaders meet

  • Date: 16-Apr-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Brazil, UAE seal climate, biofuels deals as leaders meet

Brazil and the United Arab Emirates announced a series of deals on combating climate change and advancing biofuels Saturday as President Luiz Inacio Lula da Silva paid an official visit to the country.

"It was a highly fruitful visit," Lula said in brief comments to Brazil's TV Globo after meeting UAE president Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi on his way home from a trip to China.

The countries said in a joint statement the leaders had discussed a range of subjects including trade, technology, defense, aviation and food security.

They also announced a series of deals, including one for the UAE-controlled Mataripe refinery in northeastern Brazil to invest up to $2.5 billion in a biodiesel project in the region, and another on cooperating against climate change.

The UAE is due to host the COP28 UN climate talks later this year, and Brazil is a candidate to host the 2025 edition.

The countries said they had agreed to work together to "encourage ambitious climate action" from the rest of the world.

Sheikh Mohamed greeted Lula at the presidential palace, where a 21-gun salute rang out and formation jets trailed Brazil's national colours.

Lula, who returned to power in January after two terms as president