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Rousseff reiterates charges of economic espionage against the United States.
Brazilian President Dilma Rousseff has proposed storing such data collected by internet companies inside the country.
New reports say US President Barack Obama knew the NSA was spying on Angela Merkel as long ago as 2010.
Rousseff also warned the US that, "There will be a growing reaction" from countries targeted by the spying scandal.
The Libra oilfield is poised to become one of the largest oilfields in the world.
The two Chinese firms will each hold a 10 per cent stake in the consortium.
The Libra field is estimated to hold as much as 12 billion barrels.
Raw sugar prices jumped more than 6 per cent to a one-year high before stabilising at 2.6 per cent gain.
The two nations are also looking at the joint development of a fifth-generation fighter jet.
The new security system would not use foreign companies or networks.
