Deals to include fruits, sorghum, sesame, and corn ethanol; announcements will undergo bilateral revisions before publication
Brazilian agribusiness is actively participating in the G20 Summit, which began on November 18 in Rio de Janeiro. Discussions are focusing on topics like energy transition, climate resilience, and sustainable productivity, with China as a key partner.
Key Agreements in Sight
According to Agriculture and Livestock Minister Carlos Fávaro, the meeting between President Luiz Inácio Lula da Silva and Chinese President Xi Jinping is expected to yield significant announcements for Brazilian agribusiness. Areas of interest include:
- Fruits and biofuels, such as corn ethanol
- Sesame and sorghum
- Processed beef and pork
Currently, 43 Brazilian meatpacking plants are authorized to export to China, with embargoes lifted on 12 others.
Agricultural G20 in Mato Grosso
Earlier this year, Brazil hosted the G20 Agricultural Ministers’ Meeting in Chapada dos Guimarães, Mato Grosso, reflecting the state’s status as the country’s top grain producer. The gathering focused on advancing sustainable and secure food production, energy transition, and trade expansion.
Four key themes emerged for Brazil’s G20 agricultural agenda:
- Sustainability in agri-food systems.
- Expanding the role of international trade in food security.
- Recognizing the contributions of family farmers, indigenous peoples, and traditional communities to sustainable food systems.
- Promoting the integration of fishing and aquaculture into global and local supply chains.
The event featured bilateral and ministerial meetings, with participation from 40 delegations and several Brazilian ministries, including Agriculture and Livestock, Agrarian Development, and Foreign Relations.
Brazil’s G20 Presidency
Brazil assumed the G20 presidency on December 1, 2023, marking its first leadership of the group. With a mandate lasting until November 30, 2024, the country has hosted over 100 working group meetings and 20 ministerial gatherings, including this week’s summit in Rio de Janeiro.
As the summit concludes, Brazil will host a ceremony to hand over the G20 presidency to South Africa, underscoring its efforts to position itself as a global leader in sustainable agriculture and trade.
