Lula celebrates the expansion of access of Brazilian meats to the Chinese market

Market & Price Trends
Published Apr 13, 2024

Tridge summary

Brazilian President Luiz Inácio Lula da Silva has successfully expanded Brazil's meat export market into China, significantly boosting the national economy. With the recent authorization for 38 more Brazilian plants to export meat to China, the total number of approved facilities has risen to 144. This expansion is expected to increase Brazil's meat exports to China by $2 billion annually, adding to the already substantial $8.3 billion worth of exports in 2023. President Lula credits this achievement to his strategy of 'presidential diplomacy,' highlighting its importance in fostering Brazil's economic growth and development.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brasilia, April 12 (EFE).- The president of Brazil, Luiz Inácio Lula da Silva, celebrated this Friday the expansion of access to the Chinese market for meats produced in the country, which he considered as "recognition" and a new push to the national economy. "It is a joy for the Chinese, who recognize that they are going to eat quality meat, and for us who are selling them more," said Lula, who led the first shipment to the Asian giant of a JBS plant, the largest producer of animal protein in the world, located in Campo Grande, in the state of Mato Grosso do Sul. That is one of the 38 Brazilian plants that, last March, received the necessary permits from the Chinese authorities to export to that country, which now totals 144. In 2023, Brazilian meat exports to China totaled a value of 8.3 billion dollars, and with the authorizations now granted to those 38 units, it is expected that this figure will increase by about 2 billion dollars annually. Lula highlighted that, in recent ...
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