Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»SA, Brazil sign MoI to strengthen agricultural ties
    Commodities

    SA, Brazil sign MoI to strengthen agricultural ties

    September 22, 20252 Mins Read


    South Africa and Brazil have signed a Memorandum of Intent (MoI) to promote cooperation in the agricultural sector.

    From left to right: Luiz de Alcantara Rua, Vice-Minister of Agriculture and Livestock in Brazil signed a Memo of Intent for cooperation in agriculture with Minister of Agriculture John Steenhuisen

    From left to right: Luiz de Alcantara Rua, Vice-Minister of Agriculture and Livestock in Brazil signed a Memo of Intent for cooperation in agriculture with Minister of Agriculture John Steenhuisen

    The signing took place between South African Minister of Agriculture John Steenhuisen and Brazilian Vice Minister of Agriculture and Livestock Luiz De Alcantara Rua at the G20 Agriculture Working Group Ministerial Meeting in Somerset West, Western Cape.

    The MoI provides a framework for sharing expertise, conducting technical tours, training programmes, and joint conferences. It covers sustainable agricultural production, livestock systems, and quality assurance to ensure consumer safety and product integrity.

    The agreement also provides for strategic trade facilitation, including trade missions and exhibitions, aimed at creating new market opportunities for both countries.

    Trade relations

    Agricultural trade between South Africa and Brazil grew from R5.4bn in 2020 to R9.7bn in 2024, an increase of 80.5%. South Africa’s exports to Brazil rose by 92.8% to R274.9m, while imports from Brazil increased by 80.2% to R9.5bn.

    Top exports included vegetable seeds for sowing (32.3%), liqueurs and cordials (22.7%), wine of fresh grapes (16%), and dried grapes (6.3%).

    The MoI will remain in force for five years and automatically renew unless terminated by either party. A Joint Working Group will oversee planning, monitoring, and evaluation, ensuring the partnership remains effective and aligned with both nations’ strategic priorities.

    Through this agreement, South Africa and Brazil aim to strengthen sustainability, resilience, and food security in both countries while leveraging shared expertise and resources.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Silver Price Hits Record High: Ways to invest in silver and how gains from white metal are taxed? Check out everything inside

    Commodities

    Paving The Way To A Clean Energy Future

    Commodities

    Crude oil futures edge up on reports of possible US-China presidential meeting

    Commodities

    Gold price prediction today: Gold up 56% YTD – where is the yellow metal headed & what should investors do?

    Commodities

    China plans zinc exports as global rally opens window for sales

    Commodities

    The life and times of Ozzy Osbourne – metal’s godfather and Prince of Darkness

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    L’étiquette énergie arrive pour les smartphones : qu’est-ce qui change ?

    Precious Metal

    Here Are Price Targets for Gold and Silver As Precious Metals Break Out, According to Veteran Trader

    Precious Metal

    Ero Copper : hausse du bénéfice ajusté et du chiffre d’affaires au premier trimestre

    Editors Picks

    Orezone Gold Corporation : Élection de Julian Babarczy au Conseil d’Administration

    June 13, 2025

    3 Magnificent S&P 500 Dividend Stocks Down 20% to 33% to Buy and Hold Forever

    May 25, 2025

    Is technology moving faster than customs regulations?

    August 11, 2025

    How It’s Going for Insurers and the States They’ve Left

    August 20, 2024
    What's Hot

    Cryptocurrency Live News & Updates : Circle’s Market Capitalization Exceeds USDC Value

    June 22, 2025

    Why Is Royal Gold, Inc. (RGLD) Among the Best Gold Stocks to Buy According to Reddit and Robinhood?

    July 20, 2024

    Davis Commodities Limited and Carfax Commodities (Asia) Pte Ltd to Enter into Stock Acquisition Plan

    February 25, 2025
    Our Picks

    Hawk Tuah girl officially returns to social media months after cryptocurrency scandal – Celebrity

    March 25, 2025

    UK households urged to do 4 things before putting up a new garden fence

    June 26, 2025

    India’s CBDC Pilot attracts over 5 million users

    August 26, 2024
    Weekly Top

    Paving The Way To A Clean Energy Future

    October 13, 2025

    Crude oil futures edge up on reports of possible US-China presidential meeting

    October 13, 2025

    Gold price prediction today: Gold up 56% YTD – where is the yellow metal headed & what should investors do?

    October 13, 2025
    Editor's Pick

    This US property makes the list of the world’s most beautiful hotels

    June 2, 2025

    Gold gains as weak bond auction highlights US fiscal concerns

    May 21, 2025

    Real Estate Rivalries Spark Drama in Bravo’s New ‘Sold in SLC’

    October 30, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.