Brazil must reduce its dependence on China for soybean exports, says VP

According to Mourão, Brazil is opening new markets in southern Africa, southern Asia, and the Middle East.

RIO DE JANEIRO, BRAZIL - Brazil's Vice President Hamilton Mourão attended the opening ceremony of the 9th Brazilian Soy Congress - Mercosoja 2022 - in Foz do Iguaçu, Paraná, on Monday (16).

He believes the country must reduce its dependence on China, the main importer of Brazilian soybeans. "We need to look for new markets," he said.

According to Mourão, Brazil is in the process of opening new markets. "We are betting on southern Africa, southern Asia, and the Middle East," he enumerated.

According to the Ministry of Economy's Foreign Trade Secretariat (Secex), China imported 14.851 million . . .

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