A Shandong Port Group (SPG) delegation led by Li Fengli, general manager of the group, paid a visit to Prumo in Rio de Janeiro, Brazil, on March 7 local time, during which Li had an in-depth exchange of views with Eduardo Kantz, ESG and International Affairs Officer of Prumo. Meanwhile, a Memorandum of Understanding (MoU) was signed between SPG International Investment Development Company and Prumo, aimed at deepening their partnership.

During the meeting, the two parties agreed that Prumo, a prominent comprehensive enterprise in Brazil, and SPG, the world's largest port cluster, should strive to play significant roles in promoting Sino-Brazilian economic and trade cooperation, as well as in maintaining the stability of the global industrial and supply chains. 

Looking ahead, the two sides expressed strong willingness to further leverage their respective advantages, enhance business exchanges, and carry out practical cooperation in port operations and management, smart and green port development, and integrated supply chain services. 

The meeting also witnessed the signing of a MoU between SPG International Investment Development Company and Prumo. Following the principle of mutual benefit, the two entities will harness their abundant market resources and well-established supply chain services to collaborate on bulk commodity and truck logistics transportation. Furthermore, they will provide customers with full-process services related to ports, logistics, and finance, promoting the import and export trade of bulk commodities. Together, they are committed to building a logistics and supply chain channel between China and Brazil and establishing a two-way supply chain corridor between Chinese ports and the Port of Açu.

SPG and Prumo aim to strengthen their partnership. [Photo provided to chinadaily.com.cn]