In a historic development marking 50 years of diplomatic relations, Brazil announces China’s clearance of 38 additional meat plants for export. As the main destination for Brazilian beef, pork, and chicken, China’s move not only strengthens trade ties but also holds promises of economic growth and job creation for both nations.
Brazil-China Partnership: A Historic Milestone in Meat Exports
Brazil hails a historic achievement as China grants approval for 38 more meat plants to sell products, solidifying the robust diplomatic relations between the two countries. The move comes as both nations commemorate 50 years of fruitful collaboration.
China’s Key Role: Main Destination for Brazilian Meat Exports
As the primary destination for Brazilian meat exports, China holds a pivotal role in boosting the country’s beef, pork, and chicken industry. Last year, China imported an impressive 2.2 million metric tons of meat from Brazil, valued at over $8.2 billion.
Diverse Licensing: A Boon for Brazil’s Meat Industry
The 38 new licenses encompass a diverse range, including eight export permits for chicken slaughterhouses, 24 for cattle slaughterhouses, one for a beef processing unit, and five for chicken, pork, and beef warehouses. This extensive approval opens up significant avenues for Brazil’s meat industry.
Economic Opportunities: Competitive Prices and Job Creation
Both Brazil and China stand to benefit from this landmark decision. China gains access to products at competitive prices, while Brazil’s burgeoning meat industry receives a significant boost. The resulting economic opportunities are expected to create jobs and enhance the local economy.
Agriculture Minister’s Perspective: A Historic Day for Brazil
Agriculture Minister Carlos Favaro expresses the significance of this moment, stating, “It is a historic day in the Brazil-China trade relationship, a historic day for our agriculture.” The cleared meat plants further strengthen the bilateral ties, fostering mutual economic growth.
Industry Welcome: Positive Outlook for Brazilian Sales
Meat lobby group ABPA, representing pork and poultry processors, including major players like BRF and JBS, welcomes the decision. The last time China approved a chicken plant for export from Brazil was five years ago. ABPA’s markets director, Luis Rua, sees a positive outlook for Brazilian sales to China, emphasizing the importance of new business groups entering this crucial market.
Expanding Export Authorizations: Brazil’s Growing Presence in China
With the addition of these 38 permits, Brazil now boasts 144 authorized meat plants for export to China. The expanded export authorizations underscore Brazil’s growing presence in the Chinese market, solidifying the foundation for continued collaboration.