Brazil and India are increasingly being recognized as natural partners in agriculture, livestock, and agribusiness. Both nations share several features that make this partnership promising: abundant natural resources, rapidly developing economies, a significant agricultural sector, and a youthful population with growing aspirations.
While these attributes position Brazil and India to address global food demands collectively, they also face shared challenges such as food security and the adverse effects of climate change.
In 2023, bilateral trade between Brazil and India stood at $11.5 billion, with India exporting $6.9 billion worth of goods and importing $4.6 billion from Brazil. Despite this robust exchange, Brazil recorded a trade deficit of over $2 billion.
This trade imbalance highlights the untapped potential for collaboration, particularly in agriculture, agribusiness, crop sciences, and livestock sciences.
Brazil has achieved notable success in agronomy and high-yield crop cultivation, particularly with corn, soybeans, and groundnuts.
Similarly, advances in livestock—such as higher milk yields, improved meat quality, and better animal health—position Brazil as a global leader. India, with its vast agricultural base and growing demand for food products, stands to benefit from leveraging Brazil's expertise in these areas.
As BRICS members, Brazil and India are eager to deepen their engagement across multiple sectors.
Bu hikaye The Free Press Journal dergisinin January 02, 2025 sayısından alınmıştır.
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Bu hikaye The Free Press Journal dergisinin January 02, 2025 sayısından alınmıştır.
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