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Brazil says China won`t impose curbs on its Soybean shipments
Beijing, May 24: Brazil, the world`s second-largest Soybean producer, doesn`t expect China to impose further restrictions on soybean shipments after some Brazilian imports were found to be laced with herbicides.
``We have explained that these were isolated cases and we
are taking measures to prevent this from happening again,''
Rodrigues said in an interview today before giving a speech at
a business conference in Beijing. ``They hope this will solve
the problem.''
Brazilian President Luiz Inacio Lula Da Silva,
accompanied by 400 farmers and executives, is visiting China
to promote trade after Brazilian exports to China jumped 80
percent last year. Soybeans accounted for 29 percent of the
$4.1 billion in sales.
China, the world's largest Soybean importer, has blocked
shipments of Brazilian Soybeans by four companies including
Cargill, Rodrigues said.
Bureau Report