Brazil and World

Mercosur and European Union sign free trade agreement

After 20 years, last Friday, the 28th, a free trade agreement was signed between Mercosur and the European Union. These blocks together represent a market for goods and services of 780 million consumers and almost ¼ of world GDP.
Among the main impacts is the reduction or elimination of import tariffs. About 93% of Mercosur's exports will have zero tariffs and this will positively reflect in the Brazilian exports of different products, including beef, pork and poultry. In addition, the agreement eliminates non-tariff barriers and facilitates exports, adjusting deadlines and procedures to improve market access and greater predictability and regulatory transparency by reducing physical inspections, harmonizing customs procedures, and so on.
According to the Brazilian Confederation of Agriculture and Livestock (CNA), the agreement provides other benefits as a political, economic, strategic and permanent link between Mercosur and EU; simplifies business operations procedures and reduces or eliminates trade restrictions; and opens the door so that other agreements can be concluded soon and other negotiations are launched for the benefit of agribusiness.
After the review and translation, the agreement should still be approved by the National Congress in Brazil and, in the European Union, by the European Parliament.
Brazil and World

Brazil increases the total volume of beef exports by 11%

Overall, between January and October 2019, Brazilian beef exports increased by 11% in volume, or 1.4 million tons. Last year, in this same period, 1.3 million tons were sold abroad.
Brazil and World

Beef: 110% growth in Brazilian exports to China

Brazilian beef exports set a new record in October and this advance is driven by China, which continues to stand out among buyers, with 35% of all volume shipped overseas.
Brazil and World

Brazil: Beef presents 25% price increase

In the last three months, the price of Brazilian beef has increased by 25%.
Brazil and World

Brazil signs bilateral agreements with Middle East countries

The relationship between Brazil and the countries of the Middle East are becoming stronger.