China May Reduce Surcharges on Brazilian Agro-Products

Brazil seeks to expand exports of processed soybean products and decrease China's surcharges on Brazilian poultry and sugar imports.

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Chinese authorities state they are willing to discuss the reduction or elimination of surcharges on some Brazilian products, according to China's ambassador to Brazil, Li Jinzhang.

The surcharge on Brazilian products was among the issues discussed by Brazilian President Michel Temer and his Chinese counterpart, President Xi Jinping, during the 10th Brics Summit in South Africa last week.

“China has become Brazil's largest trading partner and Brazil is China's largest trading partner in Latin America,” said Li Jinzhang in an interview to Brazil’s government news agency . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?