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RIO DE JANEIRO, March 25-- Brazil stands to be one of the major beneficiaries of the China-proposed Belt and Road Initiative (BRI), which is in line with the government's economic development plan, Brazilian expert Xia Huasheng has said. The Belt and Road cooperation with China helps boost Brazil's agricultural exports and attracts investment for infrastructure construction from Chinese multinationals, which brings resources, experience and technology, Xia, a professor of finance at the Sao Paulo School of Business Administration under the prestigious Getulio Vargas Foundation (FGV), told Xinhua in a recent interview. "Within the framework of the Belt and Road Initiative, the majority of projects are related to infrastructure," he said, noting strengthening infrastructure is essential to Brazil's economic recovery. "The new Brazilian government wants more investment in infrastructure projects," he added. Xia said the BRI is also in line with the pro-market policies of Brazilian President Jair Bolsonaro, who took office on Jan. 1. "The participation of Chinese multinationals is essential" to bilateral cooperation, because they not only invest in the government's infrastructure projects, "but they also take a series of measures to increasingly become local companies with greater interaction with Brazilian companies, and generate jobs and benefits for the country," Xia said. In his opinion, the Belt and Road can help open up markets and promote a greater "involvement" of the private sector in participating countries. | 
