Browsing: Agribusiness

Soybeans are a major driver of the Brazilian economy, bringing together 240,000 farmers and creating jobs in small towns and big cities across the country. As the world’s leading soybean producer and exporter, Brazil is expected to further increase shipments in 2023.

According to the minister of investment of Saudi Arabia, Khalid Al-Falih, his country is interested in investing in Brazil’s food, financial, automotive, transport & logistics, infrastructure, ecotourism, and entertainment sectors. He spoke at the Brazil-Saudi Arabia Investment Forum.

In meetings in Saudi Arabia, Brazil’s Agriculture minister Carlos Fávaro saw a local willingness to take part in the program that plans on doubling Brazil’s food output without deforestation. Businesspeople participating in the delegation had parallel meetings supported by the Arab Brazilian Chamber and ApexBrasil.