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The cachaça route in Brazil exported 7 million litres in 2019

Cachaça is the second most consumed alcoholic beverage in Brazil, according to the Brazilian Institute of Cachaça (Ibrac). The drink represents 72% of the distillate market in the country. There were $14.45 million favourable to the balance of trade, exporting 7.26 million litres in 2019. A study by the Ministry of Agriculture in 2020 showed that there was a 9.73% increase in the number of products classified as cachaça in 2019.

Casa dos Ventos will invest $1.8 bn in wind power in Bahia

Casa dos Ventos has signed protocols of intent with the government of Bahia, through the Secretariat of Economic Development (SDE), formalising the objective of establishing four wind farms in the state. The company estimates that it will generate 9,300 direct and indirect jobs in the operation and construction phases of the projects.

Brazil and US sign bilateral trade partnership on ethanol

The Ministry of Foreign Affairs reported that Brazil and the United States had held consultations on their bilateral trade in ethanol and had entered into a partnership in this area. As a result, the countries decided to hold result-oriented discussions on an arrangement to increase access to the ethanol and sugar markets in Brazil and the US.

Brazil’s agribusiness exports reach $9 bn with soybeans and sugar

Brazilian agribusiness exports reached $8.91 billion in August, up 7.8% from the same period in 2019, driven by a 16.5% increase in the volume shipped, particularly soy and sugar, the Agriculture Ministry said. As a result, agribusiness accounted for more than 50% of the country’s total exports in the month, according to a survey by the Trade and International Relations Secretariat.

Industry in Brazil grows 8% in July

National industrial production grew for the third consecutive month, up 8% in July compared to the previous month, after expanding in May (8.7%) and June (9.7%). For the first time in the historical series started in 2002, 25 out of 26 sectors showed a positive rate. The result, however, does not eliminate the 27% loss accumulated in March and April, when it reflected the effects of the Covid-19 pandemic.

Government to stimulate 4.0 technologies for agribusiness

The Ministries of Agriculture, Economy and Science, Technology and Innovation (MCTI) launch the Agro 4.0 programme. According to a statement, R$ 4.8 million ($905k) will be invested in 14 pilot projects. The objective of the program is to promote, through these technologies, an increase in efficiency and productivity, and a reduction in costs in Brazilian agribusiness.

For Shell, the new Brazilian gas law is an important step for economic activity

The approval of the new milestone in the natural gas sector by the Chamber of Deputies was considered an excellent step by the president of Shell in Brazil, André Araújo. According to the executive, Brazil needs gas-fired power plants to meet energy demand in an increasingly renewable energy matrix. There is a need for further improvements in energy auctions in the vision of the president of Shell.