Egyptian President Mohamed Morsi will fly to Brazil on Tuesday afternoon for a two-day visit.

He will meet with top government and parliamentary officials, state news agency MENA reported.

During his visit to the capital, Brasilia, President Morsi will hold talks with his Brazilian counterpart Dilma Rousseff as well as president of the Brazilian Senate, Renan Calheiros, to foster trade and investment cooperation between the countries. 

Egyptian-Brazilian trade exchange now stands at $3 billion per year.

They will also discuss a range of political and economic  matters, including the Palestinian-Israeli issue and the crisis in Syria.

Morsi will examine successful Brazilian reforms in agriculture and social affairs in the hope of applying them in Egypt, said Egyptian ambassador to Brazil Hossam Zaki.

On Wednesday, Morsi will fly to Sao Paulo, Brazil's financial and economic hub, where he will sit with the country's leading entrepreneurs and later meet with the local Egyptian community, MENA said.

The visit rounds off Morsi's trip to the BRICS countries that saw him visit Russia, India, China, and South Africa over the past few months.