Agreements entered into this Tuesday (21) in Brasília are expected to help add competitiveness to Brazilian agribusiness abroad, as well as to attract investments into the sector.
Browsing: agribusiness
The Annual Investment Meeting (AIM) is inviting Brazilian agribusiness companies interested in branching out to join a program slated for next November.
Brazilian sector stood out amid the economic rebound and during the COVID-19 crisis. Valued exchange and export capacity make Brazilian agribusiness companies more attractive for foreign investors.
Brazil’s GDP shrank in H1 from the prior quarter. Agribusiness was the only sector that grew.
Foreign sales of agriculture and livestock products from Brazil fetched USD 10 billion last month, fueled by sales of soy to China.
Arab Chamber president Rubens Hannun said that investments in production autonomy in the Arab countries have been frozen due to coronavirus. He talked at the Agro 360 show on the Terra Viva channel.
Terra Viva channel will air the show ‘Agro 360 – The diversification of Brazilian exports to the Arab world’ next Monday, May 11, at 8:30 pm (BRT). Arab Chamber will be featured.
FAO index points out a sharp fall of 3.4% in food prices last month on March. Sugar prices plunged by 14.6%.
Despite the global crisis caused by the COVID-19 pandemic, the sector stepped up imports on April. Brazil’s demand for fertilizers is expected to grow by 1.5% to 3% in 2020.
During a webinar hosted by the Arab Brazilian Chamber, Tereza Cristina said Arab countries are one of the Ministry’s priorities when it comes to foreign markets amid the Covid-19 pandemic.
Brazil’s Tereza Cristina will speak from Brazil. Union of Arab Chambers secretary-general Khaled Hanafy will join in from Egypt. Arab Chamber president Rubens Hannun will give an introductory speech. The webinar takes place April 8, 9 am (BRT), with simultaneous interpretation into Portuguese and English. Registrations are open.
Impact of the crisis generated by the pandemic is expected to make the Brazilian economy remain stable in 2020, but agribusiness will grow by 2.9% as per estimates of the Central Bank.
Brazil shipped 37.4 million bags year-to-date through November. Arab countries imported 12% more.
Last month saw USD 8.21 million worth of product shipped from Brazil last month. Meats led the way, with sales also increasing for maize, cotton, and orange juice.
