Brazil aims to expand the amount of sugar and meat it exports to the US. Additionally, the country intends to develop a market for the export of lime and poultry. According to Roberto Perosa, the Ministry of Agriculture’s Secretary of Trade and International Relations, Brazil intends to double the beef export quota, which currently stands at 65,000 tons per year, and increase the sugar export quota. Currently, the quota for Brazilian sugar that can be sent to the U.S. under a special tax regime is defined for each harvest. On the other hand, the U.S. hopes to reduce the import tariff on U.S. ethanol in Brazil, which currently stands at 18%. The United States is also one of the top destinations for Brazilian biofuel.
Sources: Broadcast/Cana Online (*Translated by Ia Niani)