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In a strategic move to bolster agribusiness investments, Brazil's Ministry of Agriculture and Livestock recently embarked on a high-profile mission to the United Arab Emirates, Saudi Arabia, and Singapore. This initiative showcased an impressive portfolio of 15 projects, valued at BRL 11 billion (approximately USD 2 billion), aimed at advancing Brazil's agricultural landscape. Among the highlighted ventures are the production of nitrogen fertilizers derived from green hydrogen, the commercialization of carbon credits, and efforts to transform degraded pastures into productive agricultural systems.

Accompanying the ministry's delegation were representatives from Brazilian firms specializing in energy transition solutions, investment financing for agribusiness startups, and regenerative agriculture practices. The mission proved fruitful, resulting in 19 meetings with leading investment institutions in the host countries.

Brazil, a significant global player in food production, remains heavily reliant on fertilizer imports from nations such as Russia, Morocco, Egypt, and Saudi Arabia. The country is now keen on reshaping its agricultural sustainability by prioritizing the conversion of degraded pastures.

Currently, Brazil has approximately 280 million hectares allocated to livestock farming, with 165 million designated as pasturelands. Alarmingly, around 82 million hectares of these lands are experiencing varying levels of degradation. Through the Brazilian Green Way initiative, the government is committed to restoring at least 40 million hectares over the next decade, aiming to enhance productivity while adhering to deforestation-free practices.

During their visit to Abu Dhabi, the delegation participated in the second edition of the Hili Forum, an event that convenes representatives from governments, businesses, and civil society. This forum seeks collaborative solutions to pressing challenges, including energy transition, trade disputes, and climate change. The mission was further bolstered by the support of Brazil's agricultural attachés stationed in these key countries, underscoring the importance of international partnerships in achieving Brazil's ambitious agricultural goals.