Government wants to expand meat exports from Brazil to the African Union

Regulation & Compliances
Market & Price Trends
Published Feb 25, 2024

Tridge summary

The Brazilian Ministry of Agriculture and Livestock (Mapa) is looking to expand its meat market to the African Union, a move initiated by President Lula. This expansion is anticipated to stimulate demand for exports, create new business opportunities, and boost the Brazilian economy. Brazil has been progressively opening new markets, with 15 in 2024 and 78 in 2023 across 39 countries. In 2023, Brazilian agribusiness exports to Africa exceeded US$10 billion, marking an 8% increase from the previous year.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The Ministry of Agriculture and Livestock (Mapa) announced that it will dedicate efforts to expand the meat market for the African Union. The initiative comes from a request from President Lula, who was on the continent in February. Minister Carlos Fávaro explained that the opening of new markets generates demand for exporting products, opens new businesses and reflects positively on the Brazilian economy. In 2024 alone, Brazil has already opened 15 new markets. In 2023, there were 78 openings in 39 countries, surpassing the numbers from the last four years. Among the highlights is the marketing of Brazilian beef and pork to Mexico and the Dominican Republic, respectively. The possibility of selling Brazilian cotton in Egypt and “papaya” papaya fruits in Chile was also opened. Brazilian ...
Source: CanalRural
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