IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.01% USD/MXN18.56▼ 0.20% USD/CLP983.59▲ 0.08% USD/COP3,279▼ 0.87% USD/PEN3.41▼ 0.02% USD/ARS1,544▼ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 3.14% USD/BOB11.63▲ 1.12% USD/DOP60.48▲ 0.05% USD/CRC446.01▲ 1.79% USD/GTQ7.64▲ 3.16% USD/HNL26.90▲ 3.29% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.41% USD/TTD6.72▲ 2.23% EUR/BRL6.20▼ 0.56% BRENT 92.03 ▼ 0.79% WTI 85.88 ▼ 0.75% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.92% GOLD 3,953 ▼ 1.18% SILVER 51.13 ▼ 1.45% SOY 1,226 ▼ 0.24% CORN 446.75 ▼ 0.28% WHEAT 596.25 ▼ 0.54% COFFEE 268.95 ▼ 0.02% SUGAR 18.08 ▼ 2.16% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.64 ▲ 5.25% COCOA 4,889 ▼ 0.37% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.01% USD/MXN 18.57 ▼ 0.18% USD/CLP 982.08 ▼ 0.22% USD/COP 3,279 ▼ 0.87% USD/PEN 3.41 ▼ 0.02% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 1.12% USD/DOP 60.48 ▲ 0.05% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.41% USD/TTD 6.72 ▲ 2.22% EUR/BRL 6.19 ▼ 0.59% BRENT 92.03 ▼ 0.79% WTI 85.88 ▼ 0.75% IRON ORE 161.91 — — COPPER 6.22 ▼ 0.92% GOLD 3,953 ▼ 1.18% SILVER 51.13 ▼ 1.45% SOY 1,226 ▼ 0.24% CORN 446.75 ▼ 0.28% WHEAT 596.25 ▼ 0.54% COFFEE 268.95 ▼ 0.02% SUGAR 18.08 ▼ 2.16% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.64 ▲ 5.25% COCOA 4,889 ▼ 0.37% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20%
since 2009
Thursday, November 12, 2026

Brazil Business - Brazil

Brazilian meat lobby says trade talks with Indonesia hinge on halal WTO compliance

By · · 2 min read

RIO DE JANEIRO, BRAZIL – Brazil should only begin free trade talks with Indonesia if it adopts recommendations made by a World Trade Organization panel in 2017 after a dispute over halal chicken, Brazil’s meat lobby ABPA said in a letter sent to three government ministries.

Brazilian meat lobby says, trade talks with Indonesia hinge on halal WTO compliance
Brazilian meat lobby says, trade talks with Indonesia hinge on halal WTO compliance
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“We don’t oppose a free trade agreement with Indonesia,” Ricardo Santin, head of ABPA, said on Monday with reference to the letter sent to the ministries of foreign relations, economy and agriculture on January 26th. He said there should be “no border for food”.

Brazil, the world’s largest halal chicken exporter, requested WTO consultations with Indonesia in 2014 concerning measures blocking its access to that market.

Brazil won the dispute, but Indonesia requested “a reasonable period of time” to adopt its recommendations and in December last year appealed to the WTO’s appellate body, further delaying the prospect of the recommendations being adopted.

ABPA has said Indonesia’s chicken industry would benefit from more competition. Indonesians eat almost 12 kilos per person per year, about one fourth of consumption by Brazilians, and domestic chicken prices are high, it said.

Welber Barral, legal counsel to ABPA, said Indonesia is on a list of nations, published by the government in 2021, with which Brazil aims to discuss free trade.

“Compliance with multilateral obligations is an element to be considered in the bilateral relationship of any country with Brazil and Mercosur,” Barral said.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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