The Brazilian government temporarily removed tariffs on 421 capital goods and IT products and 638 types of auto parts. Additionally, 20 industrial and agricultural inputs will now enter the country duty-free.
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The reduction comes into force next year for 12 products that are not manufactured in the country.
Brazilian company that exports to the Arab countries acquired Nakata Automotiva, which manufactures and sells components for light and heavy vehicles and motorcycles.
For the twelfth time, Sindipeças, the sector’s association, is organizing a delegation for Automechanika Dubai, one of the Middle East’s main trade expos of the sector.
