Brazil negotiates with China for approval of 15 new meat plants for export.

Brazil is negotiating with China to approve up to 15 new meat processing plants for export, which could boost major suppliers like JBS and Marfrig. These discussions coincide with Brazil's potential participation in China's Belt and Road Initiative aimed at countering US and EU protectionism. Agriculture Minister Carlos Favaro suggests this partnership could strengthen trade ties without damaging relations with Western nations. An announcement may come during the upcoming G20 meeting.

October 23, 2024
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