Brazil Eyes Farm Exports to India and Africa With EU Deal Deadlocked

  • Agriculture Minister Carlos Favaro speaks in interview
  • President Lula ordered business missions to expand markets
Carlos Favaro speaks during an interview in Brasilia on March 12.Photographer: Gustavo Minas/Bloomberg
Lock
This article is for subscribers only.

Brazil President Luiz Inacio Lula da Silva wants to expand agriculture exports to India and Africa, focusing more on new markets while trade talks between a South America trade bloc and the European Union languish.

Lula wants to send a trade mission with over 300 entrepreneurs to the world’s most populous country by about mid-year, Agriculture Minister Carlos Favaro said in an interview. The government is eyeing India’s growing appetite for goods including fruits, juices, coffee and black beans, he said.