South American trade relationship compromised

South American trade relationship compromised

Brazilian meat leaders have denounced unfair import restrictions, which led the number of pork shipments to Argentina shrink last month.

Pork exports from Brazil to Argentina dropped by 77% in February, after the implementation of new import restrictions, forcing exporters to apply for anticipated licences before entering the country. The Brazilian association of pork producers and exporters (Abipecs), said shipments amounted to 30 t daily in February, compared to the usual 130 tonnes.

The Brazilian government is currently assessing the situation to come up with a response.
Uruguay and Paraguay, also Mercosur members, have also suffered from the new restrictions, experiencing respective drops of 46.6% and 70% in exports.

Argentina introduced the measures in an effort to protect its trade surplus and stimulate domestic consumption in tough economic times.
Source: Abipecs


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