The Brazilian government canceled an agreement to open the Vietnamese market to Brazil meat, on Friday (28).
The negotiation was signed during the visit of President Louise Insio Lula da Silva (PT), to Vietnam, who signed a plan of action to implement the strategic partnership, which includes the promotion of trade between the two countries.
Brazilian beef in Vietnam is seen as an important step for the national agricultural sector.
The President said: “The opening of the Vietnamese market for Brazilian beef will attract investments from Brazil refrigerators to make this country an export platform for South Asia.”
According to the government, Brazil is already one of the main suppliers of agricultural products in Vietnam, including soy, pork and chicken.
The expansion of the market can lead to beef to increase the strengthening of this commercial relationship and the unification of the Asian country as a related destination for the Brazilian agricultural business.
In addition to the opening of the meat market, the signature agreement provides for the deepening of economic relations and the possibility of a trade treaty between Vietnam and Mercosor.
Lola said that the Brazilian presidency, which will start in July, would work for a balanced agreement with Vietnam and benefit both sides.
The presidential visit also included discussions on the promotion of Brazilian exports with high -value products.
“We have already contributed to the food security in Vietnam and we want to expand the export of high -value goods, including aircraft,” the president said, with the expectations of negotiations between Embraer and Vietnam Airlines.
Trade between Brazil and Vietnam has grown over the past two decades, from $ 534 million in 2008 to $ 7.7 billion in 2024. The goal set by the two countries is to reach $ 15 billion by 2030.
