Trade agreement reshapes the future of Brazilian agribusiness

The assessment is that the agreement represents a turning point for the sector, redefining rules and standards for access to international trade. There are concrete opportunities for export expansion, especially with the increase in quotas for products such as beef, poultry, sugar, rice, and honey, which will be able to enter the European Union with reduced tariffs. This benefit, however, will be conditioned on quantitative limits and more rigorous exporter planning. "We are facing a reconfiguration of the rules of the game for Brazilian exporters. The agribusiness sector gains concrete opportunities for expansion, but will need to deal with a much higher level of legal and sanitary requirements," assesses Igor Fernandez de Moraes, partner at Silva Nunes Advogados and specialist in Agribusiness Law. The treaty also incorporates mechanisms for protecting the European market, such as safeguard clauses that allow the suspension of tariff advantages in the face of what are considered ...