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According to the MSCI emerging market indices, Brazil's markets gained 21 per cent in the past quarter.
The joint naval exercises will also be conducted in the Sea of Okhotsk, north of Japan.
The cooperation comes two weeks after President El-Sisi returned to Egypt following his participation at the 9th annual BRICS Summit.
Beijing insists that only through dialogue and negotiation could “the flame of war be put out”.
Chinese President Xi Jinping and four other heads of state, including South African President Jacob Zuma, on Monday reaffirmed their commitment to build an open economy and ensure free and
Rosneft and CEFC China Energy Company have inked a cooperation agreement for joint energy exploration in Siberia.
Putin is in the southeastern Chinese coastal city of Xiamen to attend the ninth BRICS summit from Sept. 3-5.
The 9th annual BRICS summit is being held from Sept. 3 to Sept. 5.
"NDB signifies developing countries’ coming of age and reflects their aspirations to stand on their own feet."
Several of China's provinces have been hit by heavy rainfall in the wake of powerful typhoons since June.
