Fiagro to attract foreign capital will be presented in the Middle East in January

Increasing the use of the dollar in Brazilian rural credit was one of the focuses of the COP30 Diary, presented by former Agriculture Minister Roberto Rodrigues in the Canal Rural studio in Belém, the capital of Pará, this Tuesday (18). Special advisor to the Ministry of Agriculture and Livestock (Mapa) Carlos Augustin focused on the International Technical Cooperation Project between Embrapa and the Japan International Cooperation Agency (Jica), which announced this Tuesday the availability of US$ 1 billion to finance projects for the recovery of degraded pastures in the Brazilian Cerrado. According to the advisor, to maintain resources for the next ten years, Mapa is already consolidating the idea of inserting foreign capital as a minority partner in the purchase of land to be recovered from degradation in Brazil. “We have been asking the Arabs for loans, but they don’t like to lend money, they like to be partners. […] But how to be a partner of a farmer? We racked our brains, ...