Russia’s ban on US and EU “opens window of opportunities” for Brazil

Russia’s announcement about its embargo on agriculture products from the US and Europe opens “a great window of opportunities for Brazil” to get into the Russian market, says Secretary for Agricultural Policy Seneri Paludo from the Ministry of Agriculture, Livestock and Supply.

Russia has imposed a ban on imported food products from European countries and the US in response to their economic sanctions against Moscow over its involvement in the Ukrainian war. This embargo includes beef, pork, chicken, fish, cheese, milk, vegetables and fruit originated from the US, the European Union and also Australia, Canada and Norway.

“From the point of view of Brazilian agriculture policy, this is positive,” stated the secretary, because “Russia is a big consumer not only of grains but also of meat.” In his view, Russia’s move may result in a “revolution” in Brazil’s meat, corn an soy exports.

Translated by Fabrício Ferreira