22 Nov 2024
Brazil and China Edge Closer to Pork Offal Export Deal
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SAO PAULO, Nov 21 (Reuters) – Brazil is close to finalizing protocols for exporting pork offal and fish to China, two people familiar with the matter told Reuters on Thursday, in the wake of a historic visit by Chinese President Xi Jinping to the South American nation.
The agreements were not signed during Xi’s visit as details pertaining to the protocols are still pending, said the sources, who spoke on condition of anonymity because talks were private.
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The sources said negotiations for both protocols were advanced and should be completed soon. They declined to give a time frame for an announcement.
“It should not take long,” one of the persons said.
The negotiation of the protocols comes amid a trade dispute involving China and European pork suppliers, whom China has accused of dumping.
China’s total pork imports, including offal, totaled about $6 billion in 2023, with Spain accounting for about $1.5 billion.