Former ministers of Agriculture spoke about the impacts of the conflict between Russia and Ukraine on Brazilian agribusiness in Terraviva channel’s Agro 360 TV show. Arab Brazilian Chamber president Osmar Chohfi also participated.
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The Brazilian federal government has set a goal of reducing Brazilian fertilizer imports from the current 85% of purchases to 45% by 2050. The minister of Agriculture stated it is not about self-sufficiency but less external dependence.
With a low supply of fertilizers from Russia and Belarus, Arab countries can be an alternative for some products, such as nitrogen and phosphate. The bloc, however, does not have a substantial potassium production.
According to the Brazilian minister of Agriculture, the sector’s confidence in the prices of agricultural products could drive a record harvest of 291 million tonnes.
At the Invest in Brasil Forum this Monday (15) in the UAE, Brazilian ministers called on Arab business people to invest in projects in the country, especially in infrastructure. Arab Brazilian Chamber president Osmar Chohfi spoke about a new phase in Arab economies.
Along with other areas of the Brazilian government, Apex-Brasil and the IDB will host a digital event on May 31 and June 1, in which opportunities for foreign investments in sectors such as agribusiness, energy, and health will be shown.
Government will devise a policy to increase the country’s supply and minimize reliance on imported products. A work group met on Tuesday, 9. The country relies for some 80% of its fertilizer needs.
Brazil’s Ministry of Agriculture created a crisis group to keep track of the effects of the pandemic on farm output and supply.
Speaking at the Economic Forum Brazil & Arab Countries, UAE minister Mariam bint Mohammed Al Mheiri stressed Brazil’s role as a global food supplier. Her Brazilian counterpart Tereza Cristina discussed how to develop more solid agreements with Arab countries.
Brazil’s president Jair Bolsonaro will speak during the opening ceremony of the Economic Forum Brazil & Arab Countries, which the ABCC will host online from October 19 to 22. Mourão will speak during the closing ceremony, and three ministers will participate.
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.
During a webinar hosted by certifier Fambras Halal this Wednesday morning (17), Brazil’s Agriculture minister Tereza Cristina gave an optimistic overview of what the near future holds, and said she hopes Brazil’s relations with Islamic countries will grow even stronger.
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.
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.
