Brazil’s Ministry of Agriculture and the Securities and Exchange Commission (CVM) reach an agreement to bring agribusiness closer to the capital market.

The Ministry of Agriculture and Livestock (MPLSA), in conjunction with the Securities and Exchange Commission (CVM), signed a Technical Cooperation Agreement aimed at developing the agricultural sector through the capital market. Currently, a significant portion of the financial resources allocated to agriculture already comes from operations carried out in the securities market, making the partnership strategic for the agricultural sector. The agreement aims to share technical knowledge, improve diagnoses and analyses, as well as formulate and disseminate actions to promote access to financing for agricultural activities through the capital market. The coordination of the agreement will be the responsibility of the Secretariat of Agricultural Policy, supported by the Department of Financing Policy for the Agricultural Sector (DEFIN/SPA/MPLSA) and the Superintendency of Securitization and Agribusiness (SSE) of the CVM. The technical cooperation agreement has a duration of 2 years, starting from the date of publication in the Official Gazette of the Union, and may be extended by means of an addendum. 

This text was translated by machine from Brazilian Portuguese.