Russia, China to Play Major Role in Brazil-Chile Transport Corridor

Russia and China will become important participants in the construction of a Brazil-Chile transport corridor.

UFA (Sputnik) – Russia and China will play a major role in the construction of a Brazil-Chile transport corridor, one of the most significant BRICS projects, the head of the Brazilian delegation at the BRICS Business Council told Sputnik on Wednesday.

Jose Rubens de la Rosa told Sputnik that negotiations about the Brazilian government-proposed transport corridor project is in its initial stages.

"In terms of technology, Russia and China may become the largest participants," de la Rosa told Sputnik.

Sergei Katyrin, the head of the Business Council’s Russian Chapter, told reporters earlier in the day that Russian companies, including Russian Railways, are interested in participating in the "Santarem-Tapajos" transport corridor.

The plan envisions connecting the southeastern Brazilian port of Paranagua with the northern Chilean port city of Antofagasta via Argentina and Paraguay.

The BRICS Business Council, an association of 25 members from the five-nation group, signed a declaration on investment cooperation on the opening day of the BRICS summit on Wednesday.