Japanese mission in Brazil to talk ethanol trade


SAO PAULO, Brazil, Jan 26 (Reuters) - The Japan Bank for International Cooperation (JBIC) is in Brazil to discuss financing the expansion of cane-based ethanol production, Brazil's agriculture ministry said on Wednesday. The Japanese have been interested in financing long-term projects to expand Brazil's ethanol output to guarantee a surplus for export to the world's No.2 economy, the ministry said in a statement. Brazil also plans to contribute financing. In 2003, Japan passed a law ...

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