Opening markets in the Eurasian Economic Union for Brazilian yerba mate

Published 2024년 10월 15일

Tridge summary

The Brazilian government is excited about the decision to simplify exports of yerba mate to the Eurasian Economic Union (EAEU) countries, following the earlier authorization of several products for export in 2023. The trade relations with the EAEU region have seen a significant boost, as seen in the first nine months of 2024 when Brazilian exports exceeded $1 billion. This success is due to the collaborative efforts between the Ministry of Agriculture and Livestock (Mapa) and the Ministry of Foreign Affairs (MRE), opening up 180 markets in 2023 and an additional 78 markets since 2023, solidifying Brazil's position in the international market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Brazilian government has enthusiastically welcomed the news that markets in the five countries that make up the Eurasian Economic Union (EAEU)—Russia, Belarus, Armenia, Kazakhstan, and Kyrgyzstan—will be opened to simplified exports of yerba mate from Brazil. This initiative represents another significant step in expanding trade relations with the region. In 2023, Brazil had previously authorized exports of several products, including cocoa beans, live pigs, bovine semen and embryos (both “in vivo” and “in vitro”), as well as live cattle for reproduction and production. In the first nine months of 2024, Brazilian exports to the EAEU exceeded US$1 billion, with highlights for products such as soybeans, beef, coffee, and sugar. With the recent announcements, Brazil has registered its 180th market opening this year, totaling 258 openings in 60 ...

Source: Portal Do Agronegocio