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Sustainability to enhance agro-commercial opportunities between Brazil and India.
Nov 03, 2023
Brazil can be a great partner for India by supplying proteins to supplement the population's dietary needs, whether in the form of vegetable or animal protein.
On an official mission to India, Minister of Agriculture and Livestock, Carlos Fávaro, seeks to strengthen diplomatic relations and enhance ties of friendship between the countries through commercial and cooperation opportunities in the agricultural sector.
With the new government of President of the Republic, Luiz Inácio Lula da Silva, Brazil has regained credibility in the international agribusiness market.
In 10 months, the Ministry of Agriculture and Livestock (Mapa), under the leadership of Minister Carlos Fávaro, obtained access to 55 new markets for the export of Brazilian agribusiness products.
These new open markets include products such as beef, pork and poultry, bivalve molluscs and crustaceans, fertile eggs and day-old birds, cattle and buffalo embryos, poultry, pork and fish meal, chewable pet food, cotton, açaí juice, among others.
The new market accesses, include a diversified portfolio of countries such as China, India, Mexico, Chile, Dominican Republic, Canada, Russia, Indonesia, Egypt, Singapore, Angola, Argentina, Uruguay, Ecuador, Colombia, Panama, Malaysia, Armenia, Kazakhstan, Kyrgyzstan , Algeria, South Africa, Belarus, French Polynesia, New Caledonia, Vanuatu, Israel and Saudi Arabia.
'The good diplomatic relations between countries have reinforced international confidence in the quality and health of the Brazilian product. We are strengthening ties based on the quality of our production and this has been demonstrated in the diversification of Brazilian agricultural exports to the world', noted Fávaro.
In regards to sustainable practices, Fávaro has presented the largest sustainable food production program in the world, which foresees the recovery and conversion of 40 million hectares of low-productivity pastures into arable areas in ten years in order to double the area for food production in Brazil without deforestation.
'Brazil can grow and increase 40 million hectares with agriculture, livestock and forestry in a sustainable way, being an example for the world', according to Fávaro.
Regarding trade, the two countries seek to intensify sanitary and phytosanitary negotiations with a focus on expanding trade by increasing market access from Brazilian products to India and Indian products to Brazil.
The Brazilian side is interested in exporting to India fresh avocado and citrus fruits; Brazil nuts and macadamia nuts; yerba mate powder; among other products. The Indian side shows interest in exporting to Brazil sorghum and millet; Coconut Water; milk and dairy products; meat and meat products; and others.
Brazilian agribusiness exports to India totaled US$2.95 billion in 2022, according to the Brazilian Agribusiness Foreign Trade Statistics System (AgroStat). The main exported products were soybean oil and sugar.
In the same year, imports of Indian agribusiness products totaled US$ 177.55 million, with purchases mainly of cotton textile products; cotton threads, threads and fabrics; onions; essential oils; chocolate; and cumin seeds.
In May 2023, India opened the market for the import of Brazilian açaí juice, a non-fermented drink, obtained by diluting açaí, clarified açaí or dehydrated açaí in drinking water, with or without added sugar.
economictimes.indiatimes.com
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