Indonesia promises to open market to Brazilian beef
Aug, 15, 2019 Posted by Sylvia SchandertWeek 201934
Indonesian Minister of Agriculture Andi Sulaiman said on Monday (08/12) that the Asian country would open its beef market to Brazil. The news was confirmed during a hearing with the executive secretary of the Ministry of Agriculture, Livestock, and Supply (MAPA), Eumar Novacki, in Jakarta.
“We will meet with the other ministries to set a quota for Brazil and accelerate this process. We will go to Brazil on a visiting mission, as soon as possible, to get to know the country and the production methods. We know of the superiority of Brazilian meat in the world market,” Sulaiman told Eumar Novacki.
Novacki stressed the importance of the Indonesian market by pointing out that the country has 265m inhabitants, the fourth most populous in the world, and its economy grows by about 5% per year, ie. a booming economy with a high demand for food and a low protein intake compared to the world average. Brazil also prospects for the exportation of fruits, dairy products, among others to Indonesia.
“We can support Indonesia by not only providing our high quality meat at competitive prices, but also cooperating in the field of cattle genetics, pasture breeding, industrial crossbreeding, and exportation of live feed for confinement,” said Novacki.
Brazil exports to Indonesia US$1.5bn a year (80% of our exports to the country) in agricultural products and imports US$0.5bn. The main products exported by Brazil are soy complex (37%), sugar (25%), cotton (20%), and corn.
Indonesia exports US$40bn a year, making it the 6th largest exporter in the world. The main Indonesian products exported are palm oil, forest products, rubber, fish, and coffee. The Asian country imports US$20bn a year – mainly wheat, sugar, soy complex, cotton, fruits, beef, and corn.
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