Brazil agribusiness wants looser ties to China, India in WTO talks

by Dave

PFAN President Gilman Viana Rodrigues told reporters that that strategy benefited India and China more than Brazil.

It delivered “a certain level of concessions to protectionist countries that are not exporters … and these concessions are going to diminish the ambition of countries like Brazil,” he said.

Brazil’s agricultural sector accounts for 24 percent of gross domestic product, 37 percent of jobs in the country, 36 percent of exports and “all of the trade surplus,” the Forum’s letter said.

Brazil has become one of the world’s leading agricultural exporters. Over the past five years, agricultural exports have nearly doubled, and in 2007 they brought in 58.4 billion dollars.