Minister highlights the potential of agro and defends less bureaucracy for the entry of foreign capital into Brazil

Published Nov 15, 2021

Tridge summary

Brazil's minister of Agriculture, Tereza Cristina, has advocated for a reduction in bureaucracy and adjustments to tax aspects to facilitate the flow of foreign capital into the country. She made these comments while in Dubai, as part of President Jair Bolsonaro's delegation, promoting investment opportunities in Brazilian agribusiness, particularly green bonds. The minister emphasized the efficiency and sustainability of Brazilian agricultural production and highlighted the trade balance in favor of Brazil in relations to Arab countries. Meanwhile, President Bolsonaro defended Brazil's environmental record during the Forum Invest in Brazil event.

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Original content

The minister of Agriculture, Tereza Cristina, defended, this Monday (15/11), the reduction of bureaucracy in access to foreign resources in Brazil and the adjustment of "tax aspects" related to the flow of foreign capital in the country. She made the statements in Dubai, in the United Arab Emirates, where she is part of President Jair Bolsonaro's delegation. In a statement, the minister highlighted investment possibilities in Brazilian agribusiness, mentioning in particular green bonds, according to a statement released by the Ministry. “With successive records of agricultural production in Brazil, our surpluses increase and world markets are its natural destination. Therefore, we have to reduce bureaucracy in the entry of foreign resources into the country and adjust tax aspects so as not to hinder this flow of capital”, said the minister, according to the statement. Minister Tereza Cristina speaks in Dubai (Photo: Ministry of Agriculture) The minister participated in Forum ...

Source: Agroinforme