Brazil wants bigger share in agriculture

Published 29/09/2016

Brasília – During a mission that lasted 25 days and covered seven Asian countries, a Brazilian delegation led by Agriculture minister Blairo Maggi discussed increasing trade and the sale of Brazilian products such as meats, dairy products and grains. The mission, comprising government officials and executives from Brazilian agribusiness companies, travelled to Vietnam, Malaysia, India, South Korea, China, Myanmar and Thailand.

The minister said this Tuesday (27) in Brasília that Asia was picked as a destination because it is home to 51% of the world population, and it has a high consumption and growth potential. He also said that through trade-oriented actions such as this one, Brazil is striving to increase its share of the global agricultural market from 7% to 10% within five years. Maggi noted that deals involving Brazilian and Asian businesses expected to follow from the trip could be in the USD 1.5 billion to USD 2 billion range.