On February 11, Minister of Agriculture and Food Supplies, Tereza Cristina, and U.K. Secretary of the Environment, Food and Rural Affairs, George Eustice, signed a Memorandum of Understanding to create the Brazil/U.K. Joint Committee on Agriculture (CCA). Following this signature, the authorities of the two countries will make efforts to ensure the continuity of bilateral consultations on issues related to trade in agricultural goods and to establish a forum for debates related to the interests of both countries, including potential trade arrangements for the future. The CCA will consist of meetings between the participants held alternatively in each country (or virtually, when necessary) and between public agencies in Brazil and the United Kingdom and relevant agricultural and animal health institutions. Brazilian agribusiness exports to the United Kingdom grew 5% in value in the 2019/2020 comparison, rising from US$ 1.031 billion to US$ 1.087 billion. According to the explanation of the agricultural attaché in London, Augusto Billi, the year 2020 was quite atypical, partially due to the Covid-19 pandemic which altered consumption habits and supply chains, and also due to the Brexit transition experienced by the United Kingdom on 12/31/20. Despite all the difficulties of the year 2020, Brazilian agribusiness managed to grow 5% in the British market. Growth expectations are favorable for 2021.
Source: Datamar News