{"id":91759,"date":"2024-11-08T13:43:21","date_gmt":"2024-11-08T16:43:21","guid":{"rendered":"https:\/\/murray.adv.br\/?p=91759"},"modified":"2024-11-08T13:43:24","modified_gmt":"2024-11-08T16:43:24","slug":"new-zealand-aims-to-double-agricultural-trade-with-brazil","status":"publish","type":"post","link":"https:\/\/murray.adv.br\/en\/new-zealand-aims-to-double-agricultural-trade-with-brazil\/","title":{"rendered":"New Zealand aims to double agricultural trade with Brazil"},"content":{"rendered":"\n<h6 class=\"wp-block-heading has-text-align-center\"><em>Agriculture and trade minister sees potential to introduce New Zealand tech to Brazilian producers<\/em><\/h6>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>11\/08\/2024 <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p>Brazil\u2019s diplomatic partner in international agricultural matters, New Zealand, aims to double its agricultural trade with Brazil over the next decade. This goal was outlined by New Zealand\u2019s minister of agriculture and trade, Todd McClay, during his October visit to S\u00e3o Paulo\u2014his first trip to Brazil\u2014where he met with industrial leaders, signed agreements between New Zealand companies and Brazilian clients, and toured a JBS facility.<\/p>\n\n\n\n<p>The primary purpose of Mr. McClay\u2019s trip, however, was to attend \u2018pre-G20\u2019 alignment meetings in Bras\u00edlia, an invitation extended due to New Zealand\u2019s recognized expertise in leading multilateral trade discussions at the WTO and other international bodies.<\/p>\n\n\n\n<p>\u201cWe want New Zealand to emerge as a prominent trading partner for Brazil,\u201d Mr. McClay said, acknowledging that this ambition is substantial given New Zealand\u2019s comparatively smaller production scale.<\/p>\n\n\n\n<p>Currently, New Zealand imports about $270 million annually in Brazilian agricultural products and exports around $246 million worth of goods to Brazil. Mr. McClay is optimistic that New Zealand\u2019s agribusiness sector can cater to specific areas of Brazil\u2019s import demands, including kiwi fruit. He anticipates an expansion of New Zealand exports to Brazil by 2025.<\/p>\n\n\n\n<p>In his discussions with Brazilian Vice President Geraldo Alckmin, Mr. McClay highlighted the potential for New Zealand to offer Brazil more than educational tourism, focusing on agricultural technology.<\/p>\n\n\n\n<p>\u201cBrazil presents significant opportunities, particularly in agtech, energy, and security,\u201d he said, emphasizing the suitability of New Zealand\u2019s agriculture technology for Brazil\u2019s agribusiness sector.<\/p>\n\n\n\n<p>Bilateral trade between the two nations reached $520 million last year, reflecting a 36% increase over the past decade.<\/p>\n\n\n\n<p>Approximately 40 New Zealand companies have established operations in Brazil, with the number of export agreements quadrupling since 2019.<\/p>\n\n\n\n<p>Dairy products, New Zealand\u2019s third-largest export to Brazil, generated $16 million in sales in the year ending June 2024, following tourism ($82 million) and pharmaceuticals ($60 million).<\/p>\n\n\n\n<p>Mr. McClay is eager to engage in bilateral talks with Brazil on sustainable development, investment, food security, and reducing non-tariff barriers. These discussions are expected to continue at the G20 meeting in Rio de Janeiro on November 19.<\/p>\n\n\n\n<p>Both nations share a stance on revising the European Union\u2019s anti-deforestation law. Like his Brazilian counterpart Carlos F\u00e1varo, Mr. McClay advocates for postponing the law\u2019s application, criticizing its \u201cinflexible standards\u201d for small producers. He describes the rule as \u201cnot only protectionist but also impractical for compliance.\u201d<\/p>\n\n\n\n<p>Another shared priority is reducing agricultural taxes. Earlier this year, Mr. McClay removed a livestock emissions tax set to expire in 2022, arguing that the tax hindered producers\u2019 ability to invest in decarbonization. With this policy shift, Mr. McClay aims to influence the global dialogue on reducing agricultural subsidies and easing financial burdens on industry players.<\/p>\n\n\n\n<p>*By Isadora Camargo \u2014 S\u00e3o Paulo<\/p>\n\n\n\n<p>Source: Valor International<\/p>\n\n\n\n<figure class=\"wp-block-embed\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/valorinternational.globo.com\/\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Agriculture and trade minister sees potential to introduce New Zealand tech to Brazilian producers 11\/08\/2024 Brazil\u2019s diplomatic partner in international agricultural matters, New Zealand, aims to double its agricultural trade with Brazil over the next decade. This goal was outlined by New Zealand\u2019s minister of agriculture and trade, Todd McClay, during his October visit to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8106],"tags":[25617,25616],"class_list":["post-91759","post","type-post","status-publish","format-standard","hentry","category-murray-news","tag-agricultural-trade-with-brazil","tag-new-zealand"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Zealand aims to double agricultural trade with Brazil - Murray Advogados<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/murray.adv.br\/en\/new-zealand-aims-to-double-agricultural-trade-with-brazil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Zealand aims to double agricultural trade with Brazil - Murray Advogados\" \/>\n<meta property=\"og:description\" content=\"Agriculture and trade minister sees potential to introduce New Zealand tech to Brazilian producers 11\/08\/2024 Brazil\u2019s diplomatic partner in international agricultural matters, New Zealand, aims to double its agricultural trade with Brazil over the next decade. 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