Showing posts with label Donald Trump. Show all posts
Showing posts with label Donald Trump. Show all posts

Wednesday, 8 January 2020

Brazilian agribusiness fears Iranian retaliation and calls for Brazil's neutrality in US versus Iran conflict

According to the Congress em Foco website, Brazilian agribusiness, the sector that most benefits from Brazil's trade transactions with Iran, which is the second-largest importer of corn, the fifth-largest buyer of soybeans and the sixth-largest beef producer in Brazil. 2019.

This concern is so great that the president of the Parliamentary Front of Agriculture, Deputy Alceu Moreira (MDB-RS), defended that Brazil remains neutral to avoid diplomatic problems that could harm business between the two countries.

Brazilian agribusiness has much to lose if the Bolsonaro government maintains automatic alignment with the Trump government.

The note from Itamaraty (Brazil's Foreign Ministry), which said it supported the "fight against the scourge of terrorism" and placed itself with the US in the conflict, drives away a major buyer of Brazilian raw materials.


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