China-Brazil Beefs Up Meat Trade
(Bloomberg) — Brazil is in talks to gain Chinese approval for more meat plants to export to the Asian nation, according to Agriculture Minister Carlos Favaro.
Negotiations are currently under way to obtain clearance for another 10 to 15 beef, chicken and pork facilities, Favaro said in an interview at Bloomberg New Economy at B20 in Sao Paulo on Tuesday. An announcement could come as early as next month, during the Group of 20 meeting in Brazil, he said.
The talks come just as Favaro said Brazil should join China’s Belt and Road Initiative to counter protectionist measures from the US and European Union. The idea has divided President Luiz Inacio Lula da Silva’s government as it seeks to attract new investment to Latin America’s largest economy.
“The sanitary process for approval is under way,” Favaro said, adding he was also working on opening the Chinese market to new products including sorghum, grapes, sesame seeds and pork byproducts such as feet and ears.
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