On June 25, 2026 PBOC'S PAN met Brazil finance minister Durigan to discuss international macro policy coordination and deeper bilateral financial cooperation. Both sides agreed to strengthen China‑Brazil financial ties, use the strategic financial cooperation working group to deepen investment and financing cooperation, promote bilateral use of local currencies and advance financial infrastructure connectivity. They expect China Central Depository & Clearing Co., China Foreign Exchange Trade Sys

On June 25, 2026 PBOC'S PAN met Brazil finance minister Durigan to discuss international macro policy coordination and deeper bilateral financial cooperation. Both sides agreed to strengthen China‑Brazil financial ties, use the strategic financial cooperation working group to deepen investment and financing cooperation, promote bilateral use of local currencies and advance financial infrastructure connectivity. They expect China Central Depository & Clearing Co., China Foreign Exchange Trade System and Brazil's stock exchange to reach consensus on a memorandum of understanding on market cooperation. Both parties supported expanding the China‑Brazil Sustainable Development and Capacity Cooperation Fund to deploy climate and clean‑energy projects. During the meeting Pan and Durigan witnessed Brazil's finance ministry submit a panda bond issuance application to the National Association of Financial Market Institutional Investors via Bank of China.