arabtoday
Last Updated : GMT 22:26:10
Arab Today, arab today
Arab Today, arab today

Iran becomes top buyer of Brazilian beef

Arab Today, arab today

Arab Today, arab today Iran becomes top buyer of Brazilian beef

Tehran - Fna

Iran has eclipsed Russia to become the biggest buyer of beef from Brazil, the world\'s top exporter of the meat, strengthening the two countries\' ties specially after Brazilian President Dilma Rousseff ascended to power. Brazil sold $61.7mln of beef to Iran in August, making the Middle Eastern country the biggest market for Brazil\'s key beef exports for the first time on record, the Association of Brazilian Beef Exporters (Abiec) told the Financial Times. \"Iran has become a very important commercial partner for Brazil; we\'ve become much closer over the last few years,\" said Fernando Sampaio, Abiec\'s executive director. After former president Luiz In?cio Lula da Silva angered Washington last year by holding talks with Mahmoud Ahmadinejad over the Iranian nuclear program, Ms Rousseff followed suit and tried to consolidate the two countries\' ties further. Brazil\'s beef exports to Iran have increased more than 300-fold in the past decade as fast population growth and greater political stability in the country fuelled demand for commodities. Although Brazil also exports vast quantities of sugar and soybeans to Iran, beef is the principal export, making up about 37 per cent of the value of total shipments to the country in the first six months of 2011, according to data from Brazil\'s industry and trade ministry. \"Iran is a particularly good market for Brazil because it buys the more expensive cuts. It also always pays on time,\" said Abiec\'s Mr. Sampaio. Russia ranked as Brazil\'s biggest export market for beef in 2010, but orders have dropped sharply over recent months as a result of its import bans on Brazilian beef due to alleged safety concerns, allowing Iran to take the top spot. Russia banned imports from 85 Brazilian beef plants in June, complaining of poor farming standards. However, some industry groups claim the embargo is just a way to blackmail Brazil into backing Russia\'s entrance into the World Trade Organization. After reaching $1.07bln in 2010, Brazilian beef exports to Russia have fallen sharply over recent months and totaled only $52.2mln last month. Brazil has increasingly had to turn to emerging markets such as Iran and Russia to buy its exports, as growth slows across the developed world. The European Union was Brazil\'s biggest customer for beef for decades but after the global financial crisis hit in 2008, exports of the meat to Europe fell sharply and reached only $713.3m last year.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran becomes top buyer of brazilian beef Arab Today, arab today iran becomes top buyer of brazilian beef

 



Arab Today, arab today
Arab Today, arab today Adidas Originals ‘reinterpreted’

GMT 14:52 2016 Thursday ,01 December

Adidas Originals ‘reinterpreted’
Arab Today, arab today Ajman Tourism launches time capsule

GMT 13:17 2016 Friday ,25 November

Ajman Tourism launches time capsule
Arab Today, arab today Paris's matchbox apartments

GMT 10:37 2016 Saturday ,24 September

Paris's matchbox apartments
Arab Today, arab today US-led coalition admits 54 deaths

GMT 08:47 2016 Friday ,02 December

US-led coalition admits 54 deaths
Arab Today, arab today French satire mag hits Germany

GMT 09:52 2016 Thursday ,01 December

French satire mag hits Germany
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Dino-killing crater shows clues

GMT 14:43 2016 Thursday ,24 November

Dino-killing crater shows clues
Arab Today, arab today Punk memorabilia torched

GMT 13:52 2016 Monday ,28 November

Punk memorabilia torched
Arab Today, arab today Green groups pressure Spain

GMT 13:01 2016 Thursday ,01 December

Green groups pressure Spain
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Hyundai allows Saudi journalists

GMT 15:14 2016 Thursday ,01 December

Hyundai allows Saudi journalists
Arab Today, arab today Latest Infiniti QX to compete

GMT 13:16 2016 Saturday ,26 November

Latest Infiniti QX to compete
Arab Today, arab today To find German funny bone

GMT 12:45 2016 Tuesday ,29 November

To find German funny bone
Arab Today, arab today Car manufacturers to power Europe

GMT 13:01 2016 Tuesday ,29 November

Car manufacturers to power Europe

GMT 08:49 2016 Monday ,28 November

Israeli Arab rapper's music provokes

GMT 11:55 2016 Monday ,21 November

Amal Al-Qubaisi attends reception

GMT 04:15 2016 Thursday ,30 June

World's largest uncut diamond fails

GMT 12:39 2016 Friday ,25 November

Arctic 9-12C above normal

GMT 15:59 2015 Wednesday ,27 May

Seoul elevates gardening to high art

GMT 12:39 2016 Saturday ,26 November

Skin patch could help kids

GMT 09:35 2016 Saturday ,19 November

Hyperloop One settles co-founder

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 09:53 2016 Sunday ,15 May

OMEGA official timekeepers
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Powered and Developed by FilmMatters

Copyright © 2016 Arabtoday

Developed by FilmMatters

© 2016 Arabtoday

arabtoday arabtoday arabtoday
arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabtoday, Arabtoday, Arabtoday