The Brazilian government reduced to zero tariffs on imports of beef and chicken, corn, wheat and articles bakery, among others; and reduced the rates for purchases abroad of steel rods, sulfuric acid and certain types of fungicides.
Through the Executive Steering Committee of the Chamber of Foreign Trade (Gecex/Camex), the Federal Government approved today (11.05.2022/XNUMX/XNUMX) the reduction of the Import Tax, through the inclusion in the List of Exceptions to the Common External Tariff of Mercosur (Letec) for some products.
The measure prioritized items that have a greater impact on the consumption basket of the lower-income strata of the population in order to help combat inflation, considering goods that are part of the National Consumer Price Index (INPC).
reductions, which will come into effect on Thursday (12.05.2022) until December 31, 2022, are valid for import rates of eleven foods: boneless beef, chicken meat, cuts and offal, frozen; wheat and wheat flour; corn in grain; crackers and biscuits; and other products of the bakery, pastry and biscuit industry, which were between 7,2% and 16,2%.
Agricultural inputs
For the same period, tariffs for two types of goods were reduced from 10,8% to 4%. rods of steel used in civil construction.
Gecex also decided to set the interest rate to zero. sulfuric acid, which was 3,6%, with a quota of one million tons, and lower the rate of the fungicide Mancozeb to 4%, which was 12,6%.
Sulfuric acid is the main reagent for the manufacture of titanium dioxide and is used in several industrial processes, in most cases without substitute, including in the fertilizer production chain.
mancozeb It is a fungicide used as an agricultural pesticide in rice, potato, bean, soybean, lettuce, corn and tomato crops, among others.
Domestic production accounts for approximately 31% of the country's consumption and the reduction in the rate should help combat rising food prices in Brazil.
The changes approved by Gecex were presented at a press conference with the participation of the executive secretary of the Ministry of Economy, Marcelo Guaranys; the executive secretary of (Camex), Ana Paula Repezza; the deputy executive secretary of Camex, Leonardo Diniz Lahud; the undersecretary of Intelligence and Statistics of Foreign Trade of the Secretariat of Foreign Trade, Herlon Alves Brandão; and the special advisor of the Secretariat of Economic Policy (SPE), Rodrigo Mendes Pereira.Statement from the Government of Brazil)
With information from Télam
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