TIC Quality Control is expected to open a branch in São Paulo in the second half of the year to offer quality control and inspection services to Brazilian companies.
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Consulting firm BMJ Consultores Associados partner Welber Barral believes import tax hikes will fast-track bilateral agreements. A 10% rate has been levied on most Arab countries as well as Brazil. Algeria, Tunisia, Libya, Iraq, Syria, and Jordan will bear the biggest impact.
The North African country was the 17th main supplier in February, according to a survey by Abicalçados.
Data released by Brazil’s Ministry of Agriculture and Livestock show that the United Arab Emirates and Egypt were the top Arab clients of Brazil’s agribusiness. Exports to the Middle East and Africa grew.
The countries that make up the BRICS house more than 40% of the global population and for over a third of the world economy. With a reformist agenda for the international order, the group works to increase its global influence.
Increased demand for food and fertilizers, along with changes in Chinese agricultural policy, influence the sector’s performance.
On the other hand, ABPA figures show that chicken sales to UAE, Saudi Arabia, Iraq, and other Arab countries expanded.
Three protocols of intent were signed during a trip of Brazilian vice president Geraldo Alckmin to Saudi Arabia. Delegation features ministers, high-ranking officials, and business representatives.
Brazilian industry group CNI worked together with industry associations to identify 85 restrictions from other countries that hinder Brazilian exports.
The commodity’s prices have declined due to a lower demand from China. Brazil’s trade balance could be impacted, and Arabs could import more.
Arab Brazilian Chamber of Commerce secretary-general & CEO Tamer Mansour is part of the group accompanying the Brazilian federal government delegation on a trip to China headed by the minister of Agriculture. President Lula canceled his participation due to health issues. The schedule in the UAE was withdrawn.
Beef imports from Brazil to China had been suspended since February after an isolated and atypical case of BSE (mad cow disease). Minister Carlos Fávaro, who is in Beijing, announced the embargo lift.
The country has invested in planting the crop coned with soybean. With estimates for a record harvest, specialists believe Brazilian producers will keep the buyers won over the last two years.
The conference ended this Monday (19) in Canada with a deal signed between 190 states. The text includes important targets for halting biodiversity loss worldwide and resolutions concerning funding and monitoring.
