International Pressure for Preservation Threatening Brazil’s Soybeans and Beef

BBC, João Fellet in 25/11/2021

A series of changes in trade rules are being discussed and could have a significant impact in Brazil. The new policies aim to minimize the import of commodities related to deforestation, whether legal or illegal.

During COP26, China, the United States and the European Union made a commitment to zero deforestation by 2030 and promised to use trade policies to achieve this goal. In 2020, China accounted for 73.2% of purchases of soy in grains and 43.2% of purchases of beef in Brazil

If approved, the proposals should impact two of the main products of Brazilian agribusiness: soy and beef. The two products, the main Brazilian exports in recent years, are strongly linked to deforestation and land misuse.

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