Brazil says it can continue exporting soybeans to China
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Last Update: 2002-12-09
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Source: Internet
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Author: User
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Lead: Rio de Janeiro (Reuters) - Rio de Janeiro (Reuters) - Brazil said it had reached an agreement with China to continue exporting soybeans to China after December 20 through the use of temporary health certificates TMN China said it would stop importing Brazil's soybeans after December 20 unless Brazil provided a certificate to guarantee that the soybeans were free of genetically modified soybeans in the cargo But in a statement released Friday by Brazil's Ministry of agriculture, the Brazilian government will ensure that the shipments are safe, even if they may contain genetically modified soybeans TMN China is the biggest buyer of Brazil's soybeans, with a record harvest this year Platini said Brazil did not provide a safety certificate before exporting soybeans to China Brazil has exported 4 million tons of soybeans to China so far this year Brazil's annual export of soybeans to China is worth US $550 million TMN despite Brazil's ban on commercial use of GM soybeans, analysts say some GM soybeans are smuggled into Brazil through Argentina, where they are allowed to grow Tmn
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