Augustin told Reuters that Cofco expressed interest in the proposal during business meetings in late March, ahead of President Luiz Inacio Lula da Silva's"They have every interest," said Augustin, adding that a Cofco delegation is expected for talks in Brasilia next month. "It would be a chance to multiply grain production and guarantee supplies."
After talks with the Brazilians in Beijing, Cofco Chair Lyu Jun expressed optimism for the future of cooperation talks, according to an agriculture ministry statement on March 24. He did not elaborate. A new model for public-private partnerships with foreign companies is still under discussion, said Augustin, which may involve Brazil's development bank BNDES or direct contracts with farmers. One version would have farmers guarantee sale of their production to the companies that finance land recovery, he said.
See History of Postwar Brazil. Chinese investment will not enrich Brazil unless Brazilians themselves change. The mental and economic poverty of Brazilians will turn the green of the Amazon into ash. Brazilians will lose water and ravage the land.
bp22 'One version would have farmers guarantee sale of their production to the companies that finance land recovery' Ask yourself what happens to US food supply when China controls the food production of South America? If only FTX could have bought farmland with customer deposits 🤣
Whatcha wana bet China contractors will use what they have learned from land recovery in china to do the job.
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