Brazil, Australia open talks on agricultural trade deals

Pork and grain trade possible
calendar icon 15 March 2023
clock icon 1 minute read

The Brazilian and Australian governments have opened talks aimed at forging new agricultural trade agreements, according to a statement from the Brazilian agriculture ministry, according to Reuters

Brazil aims to export pork to Australia, the statement said. The South American country in turn could start importing Australian wheat and barley under a potential pact.

Brazil's Lula says economy will grow with more jobs

Brazilian President Luiz Inacio Lula da Silva said the country's gross domestic product (GDP) will grow this year because the government will work to boost job creation.

"We cannot accept the idea that GDP won't grow because someone said so," Lula told ministers ahead of a meeting. "We will tell them that GDP will grow because we will create jobs."

The leftist president also said he wants state-owned banks to help with economic growth by investing and granting credit. He praised his economic team and said he believes they will manage to "find money" for investments.

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