Economy
Brazil to get first access to China pork market
Updated: 2011-04-12 11:07
(Agencies)
SAO PAULO - China will authorize three Brazilian pork producers to start exporting to the world's largest consumer of the meat for the first time, Brazil's agriculture ministry said on Monday.
An announcement from China's inspection and quarantine authorities came at the start of Brazil's trade mission to China this week, during which President Dilma Rousseff will try to convince her biggest trade partner to allow Brazilian companies greater commercial access to Chinese markets.
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"We will continue to work so that the rest of the meatpackers will qualify," said Pedro Camargo, head of Brazil's pork exporters association Abipecs.
The opening of access to the Chinese pork market comes after many complaints from local manufacturers about the loss of market share to cheap Chinese imports.
China is Brazil's largest importer of soybeans and iron ore. In the past three years, Brazilian exports to China -- principally bulk commodities -- have grown 214 percent, the agriculture ministry said in a statement.As another gesture of widening commercial ties, China said last week it would order jets from Brazil's aircraft maker Embraer.
Camargo estimated Brazilian exports to China could reach 200,000 tons of pork a year. Brazil currently exports 540,000 tons of the meat today across the globe.China represents roughly one-half of the world's pork market.
The Chinese officials did not specify which three companies it planned to clear for imports, but Brazil has several large pork processors, such as Marfrig and Brasil Foods.
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