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Can a new commodities boom revive Brazil? Roughly every other glass of orange juice drunk around the world comes from the orchards of São Paulo state, boasts Duarte Nogueira. “We have everything beginning with the letter ‘C’,” says the mayor of Ribeirão Preto, a city four hours inland from the state capital, before reeling off the Portuguese names of produce cultivated in the region. “Coffee, sugarcane (cana), citruses, meat (carne) and cellulose”, the main ingredient for paper. “Agriculture is growing more and more and it is not only a virtue of our region, but of Brazil.�...

With the UK leaving the EU after 47 years of membership, Brazil is poised to build and develop strong trade ties with the former EU nation. A closer trade relationship will bring significant benefits for both, not least for the UK, a greater choice of agricultural and food products, as well as products that will keep food prices low for consumers. Multilateral trade agreements, however complex to negotiate, can lead to positive results for all parties. The progress made in recent months on the EU-Mercosur Free Trade Agreement, which is currently awaiting ratification, is a good example of t...