Brazil and China concluded the agreement on yuan use in trade operations

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Brazil and China reached the agreement on trade in yuans and declared creation of joint clearing chamber. Now the countries will be able to perform cross-border operations directly without need to convert the currencies in US dollars. About it the deputy minister told trades China to Guo Tingting during the Brazilian-Chinese business forum in Beijing. "The agreement on payment is signed with Brazil in yuans that considerably facilitates ours trade. We are going to expand cooperation in the sphere of the food and minerals, to look for possibility of export of goods with a high value added from...