BRASILIA: Brazil plans to expand exports to China, as Chinese market is vital to the growth of its agricultural sector, the minister said.
Katia Abreu, the new agriculture minister stressed at a recent press conference the importance of channeling Chinese investment to Brazil’s agricultural sector.
Abreu, who is also president of the National Confederation of Agriculture, said Brazil and China should expand cooperation in the agricultural sector by not only boosting direct trade but exchanging more high value-added products.
“We need to sign more trade agreements with China. This desire is very strong for us,” said Abreu.
To further explore the Chinese market, Abreu will visit China in March this year, aiming to cut China’s import tariff on Brazilian coffee and convince Chinese authorities to accept Brazilian health inspection standards for Brazil’s meat industry.
According to the Brazilian Agriculture Ministry, beef exports to China are expected to increase significantly, with exports to China rising from $37 million in 2012 to at least $700 million in 2015.
Following an atypical case of mad cow disease in Brazil, China suspended Brazilian beef imports in 2012 and lifted the embargo last year.
