Daily Management Review

As China, Chile And Egypt Lift Meat Ban, Brazil Hails It As Victory


03/26/2017




As China, Chile And Egypt Lift Meat Ban, Brazil Hails It As Victory
As China, Chile and Egypt began lifting restrictions on imports from the Latin American country, Brazil’s under-fire meat industry received a major boost.
 
In a statement released Saturday by the ministry’s press office, agriculture Minister Blairo Maggi announced China’s "total reopening of the market for Brazilian meat." “This testifies categorically to the solidity and quality of the Brazilian sanitary system and is a victory for our exporting capacity,” he wrote. Chile and Egypt also confirmed changes to their bans.
 
a body blow to the country’s agricultural industry were dealt by Operation Weak Flesh, the Brazilian police investigation into allegations that inspectors were bribed to approve the sale of tainted meat. Almost 40 percent of chicken exports and almost 40 percent of chicken exports is accounted for by Brazil.
 
In the wake of the scandal some kind of restriction on Brazilian meat imports were placed by twenty five countries. Meat exports plunged 99.9 percent from the daily average to $74,000 on Tuesday, the first available data from the Trade Ministry showed.
 
According to the meat exporters’ group Abiec, buying about a third of the $5.5 billion of beef shipped from Latin America’s largest economy last year, China, including Hong Kong, is the biggest export market for Brazilian meat. Hong Kong’s restrictions on Brazilian meat remain in place.
 
With the exception of meat processed in 21 plants still under investigation by Brazilian authorities, China’s ban on Brazilian products will be suspended on Monday, according Bottom of Form
to the ministry of agriculture. On March 19, when Chinese customs stopped accepting all Brazilian meat imports for inspection, in accordance with a government order, fifty-seven Brazilian meat-processing plants will be able to send their goods to China as they did before March 19.
 
Describing China’s decision as recognition of Brazil’s agricultural-defence system, President Michel Temer welcomed China’s ruling in a statement. He intended to call the Chinese premier to clarify the situation, Temer said on Thursday.
 
Chinese government officials couldn’t be reached for comment by the media. He had been notified of the decision and that import-processing would resume as usual next week, said Zhang Lian from Yadongsheng Import-Export Ltd, who has 270 tonnes of frozen Brazilian beef en route to Shanghai.
 
To prohibit only those products from plants under investigation, it was modifying its ban on Brazilian meat imports,, Chile’s Agriculture and Livestock Service said also said on Saturday. The agriculture ministry of Egypt said in a statement that the country also resumed imports from authorized slaughterhouses.
 
(Source:www.bloomberg.com) 






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