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New Highway Gives Brazil Access to the Pacific and Asia

The construction of a highway corridor connecting the Atlantic to the Pacific Ocean is going to simplify the transfer of agricultural production and make possible the growth of exports of Brazilian grain, mainly to Asia. With approximately 3,000 kilometers (1864 miles) in length, the highway, which is going to cover Brazil, Bolivia and Chile, should be inaugurated in September 2009. This information was disclosed by the Ministry of Agriculture, Livestock and Supply of Brazil. Products like sugarcane, soy and cotton should be the main products benefited by the initiative. Large-scale cattle farming and agro-industry should also feel the effects of the highway. The government estimates that foreign trade of grain should reach 135 million tons by 2010. According to the Agriculture and Cooperative Development secretary at the... [read full story]                    

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