BRAZIL AND CHINA SIGN LANDMARK DEAL TO FAST-TRACK BEEF AND SOYBEAN EXPORTS

Brazil and China have signed a trade deal to streamline beef and soybean exports using a Chinese blockchain system that tracks goods from farms to Shanghai, reducing clearance times from 14 to 2 days and saving Brazilian producers an estimated R$12 billion annually. The agreement shifts 40% of transactions to digital yuan, bypassing the U.S. dollar and possible sanctions. It also includes Chinese-managed silos in Santos and Paranaguá to safeguard exports during geopolitical crises. Minister Fernando Haddad called the move “a weapon against currency imperialism,” while Ambassador Celso Amorim highlighted its role in boosting bilateral ties. Projections for 2025 include soybean exports rising from 82 to 95 million tonnes, a 300,000-tonne increase in beef quotas—especially for small producers—and 200,000 new jobs in rural and logistics sectors.
Source: Metro 1 / Datamar News