THE BIG PICTURE
exporters of sesame are also exporters of beans – Brazil will increase its presence in China considerably." The panorama for Brazilian/Indian trade is positive but fragile . G. Chandrashekar says the Indian government "cannot give any guarantees" for imports because pulse markets are influenced by supply, demand, and prices. Rising costs of shipping freight may also create volatility – container shipping price rises shot up this year as a result of disruptions in the Red Sea, and the Panama and Suez Canals. The sheer distance between Brazil and India would mean any changes in shipping could create acute changes in prices. Regardless, Chandrashekhar believes continuing trade between Brazil and India "makes sense", and he has advocated for the signing of a Memorandum of Understanding (MoU) to provide security and encourage
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