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SAO PAULO, Nov 8 (Reuters) - Brazil’s BRF SA and a subsidiary of China’s COFCO Corp signed a memorandum of understanding (MOU) to boost cooperation on food safety and quality controls, the Brazilian company said in a statement on Wednesday.
BRF’s CEO Pedro Faria said in the statement that China’s market is a priority for BRF and the agreement with Cofco Meat Holdings Ltd should allow the two companies to improve product quality. BRF is a shareholder in Cofco Meat since its IPO in Hong Kong last year, BRF’s vice president Simon Cheng said in the statement. (Reporting by Tatiana Bautzer)