Brazil Signs Agreements to Boost Agribusiness Exports by R$ 185 Billion

The Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil) and the Brazilian Service of Support for Micro and Small Enterprises (Sebrae) signed seven agreements on Tuesday, September 17, to stimulate exports from Brazilian agribusiness companies. The agreements, involving sector entities, aim to encourage cooperatives and micro and small enterprises (MPEs), particularly in the North and Northeast regions, to initiate or enhance export strategies, ApexBrasil reported in a statement. The expectation is that these agribusiness agreements could generate R$ 185 billion in exports between 2024 and 2025.

The seven agreements focus on increasing the international presence of processed rice, chocolate, candies, sweets, peanuts, beef, frozen fruits and pulps, machinery, equipment, inputs, and technology for ethanol and sugar production, ethanol and corn bran, and pet products in the agricultural sector.

Agriculture Minister Carlos Fávaro emphasized that the goal is to expand access to international markets for cooperatives, micro, and small enterprises in the sector.

“Brazil is a leader in exports of soybeans, coffee, orange juice, sugar, beef, chicken, and cotton, and now we have the opportunity to do much more,” said Fávaro after participating in the signing of the agreements alongside President Luiz Inácio Lula da Silva and Vice President Geraldo Alckmin. “These resources will further boost Brazilian agribusiness. Brazil is one of the leading global exporters and leads in the export of seven products that will also benefit from these investments. This is an incentive for rural producers and the federal government,” the minister highlighted.

The agreements align with the federal government’s National Export Culture Policy. They include promoting Brazilian businesses at international fairs, business rounds with buyers from around the world, importer missions to Brazil to learn about national production, market studies, advocacy, and access to new markets.

Source: Broadcast Agro

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