Brazil expands market access in the Eurasian Economic Union for cocoa beans

Published 2024년 10월 16일

Tridge summary

The Brazilian government is praising the decision of the Eurasian Economic Union (EAEU) to simplify exports of cocoa beans from Brazil to the union's member countries: Russia, Belarus, Armenia, Kazakhstan, and Kyrgyzstan. This is part of a broader improvement in trade relations between Brazil and the EAEU, which has already authorized the export of several other products in 2024. In the first eight months of 2024, Brazil exported over US$865 million in agricultural products to the EAEU, with key exports being soybeans, beef, green coffee, and raw sugar. This move is part of Brazil's strategy to expand its market reach, with a total of 253 market openings in 60 destinations since the beginning of the year.

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Original content

The Brazilian government welcomed the recent news that markets in the five countries of the Eurasian Economic Union (EAEU)—Russia, Belarus, Armenia, Kazakhstan, and Kyrgyzstan—have been opened to simplified exports of cocoa beans from Brazil. This measure represents an important step forward in trade relations between Brazil and the members of the EAEU. This is yet another achievement within the scope of the EAEU, which this year has already authorized the export of several products, including live swine, bovine semen and embryos (both “in vivo” and “in vitro”), as well as live breeding and production cattle. In the first eight months of 2024, Brazil exported more than US$865 million in agricultural ...

Source: Portal Do Agronegocio