Brazil hopes to increase trade with Russia — Brazilian ambassador

Business & Economy August 21, 2014, 17:33

Brazilian Ambassador in Moscow called for studying prospects for supplying exotic fruits growing in Brazil

MOSCOW, August 21. /ITAR-TASS/. Brazil is hoping to increase trade with Russia, Brazilian Ambassador in Moscow Antonio Jose Valim Guerreiro said on Thursday.

“Our countries have a very big potential of mutual trade. Our entrepreneurs know each other very well and we expect our trade to grow,” he said.

In 2013, trade turnover between Russia and Brazil reached $5.65 billion. Russia ranks 19th among Brazil’s trade partners. Meat and poultry account for 59.3% of the country’s export, with about 50 Brazilian companies making supplies to Russia.

Commenting on a possible increase in exports to Russia after its recent food import restrictions, Guerreiro said, “It is rather difficult to make forecasts, but it’s possible.”

He called for studying prospects for supplying exotic fruits growing in Brazil.

Guerreiro also said both countries had good chances for developing tourism. Following the visa-free travel rules introduced by Russia and Brazil for their citizens in 2010, some 25,000 Russian tourists visited Brazil in 2012, Guerreiro said.

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