Tag: Commerce

Brazil is the largest exporter of grains to the People’s Republic of China

With 63.9 million metric tons exported, Brazil became the largest grain supplier to the People’s Republic of China (PRC).

Fundación Andrés Bello

Trinidad and Tobago to increase exports to China

During a tour of the Angostura Limited and Trinidad and Tobago Cacao Fino manufacturing facilities, Paula Goppe-Scoon, Minister of Trade and Industry, said that Trinidad and Tobago is actively seeking to increase its exports to China.

Fundación Andrés Bello

Chile continues to be the world’s leading cherry producer

Chile continues to be the world’s leading cherry producer, driven by Chinese consumption. The president of the Chilean Federation of Fruit Producers (Fedefruta), Jorge Valenzuela, highlighted the following: “We continue to be number one…”
Fundación Andrés Bello

Justo & Bueno in Colombia will close stores after not receiving resources from Chinese firm to pay off debts

The discount and low-cost chain Justo & Bueno was awaiting a financial injection from the Chinese firm JF Capital. However, on the evening of May 10, the Justo & Bueno chain informed that it regretted that the new owners had not been able to meet the agreed deadlines.
Fundación Andrés Bello

Costa Rica and China negotiate settlement

As part of the Authorized Economic Operator (AEO) program, Costa Rican and PRC customs authorities met online in April 2022 to continue negotiations for the signing of a Mutual Recognition Arrangement (MRA) between the customs of both countries.
Fundación Andrés Bello

Ecuador seeks to break out of the labyrinth of oil pre-sales with China

Ecuador is still struggling to divest itself of oil pre-sales. Although there are contracts with the oil creditor companies, the Ecuadorian government is looking for a way to change the situation to its advantage. The business meant a loss of almost US$5,000 million for the country.

Fundación Andrés Bello

Chinese firm JF Capital International has bought the Justo & Bueno chain

The shareholding of the retail company Justo & Bueno (J&B) was purchased by the Chinese conglomerate Joining Futures Capital International Limited. The news of the purchase was made official last Thursday, April 19, following the supermarket company’s financial crisis that began in 2021.
Fundación Andrés Bello

JBS invests in electric trucks for cargo distribution in Brazil

JBS, the world’s largest meat producer, created a new business unit to rent electric trucks to distribute refrigerated cargo to retail. This initiative will support the company in its plan to reduce carbon emissions, as well as reduce logistics costs in the medium and long term.
Fundación Andrés Bello

China Mastery Colombia 2022

China Mastery Colombia 2022 is an import event that reaches the city of Bogota thanks to Valeria Bernardo to promote entrepreneurship through the business of imports from China and the United States.
Fundación Andrés Bello

China vetoes three Brazilian meat exporters

China’s General Administration of Customs (GACC) suspended imports from two Brazilian beef plants and a Brazilian poultry producer, according to a statement on its website.
Fundación Andrés Bello
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