Brazil’s Foreign Trade Chamber has approved an import tax exemption for nine types of food, as previously announced by the federal government, along with measures to facilitate the entry of palm oil into the country. The measure is set to take effect on Friday (14).
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The Brazilian government announced an exemption from import taxes for a series of food items in a bid to curb inflation. They include olive oil and sardines exported by Arab countries.
Annual price inflation fell to 12.8% in February, down from 24% in January. Vegetable prices saw an 8.2% drop, while costs for water, electricity, and gas remained stable.
Data from the Saudi Central Bank shows that spending jumped nearly 35% in the Arab country in the week leading up to Ramadan. Families typically prepare for the period and make larger purchases, mainly of food.
Makkah Halal Forum was an opportunity to present halal products made in Brazil, seek business opportunities, and partnerships.
Brazilian food products saw high demand at the Dubai trade fair, which concluded on Friday (21). The global landscape is driving the search for new suppliers, which has contributed to the strong performance. The Arab-Brazilian Chamber took 12 members.
Companies will participate in the meat and commodities sectors. Gulfood is the leading food and beverage trade fair in the Middle East.
A project that promotes products made in Brazil according to Islamic standards will hold events across São Paulo state to showcase the potential of the Muslim market in the food and beverage sector.
The United Nations’ WFP aims to support 7 million people in the country but faces difficulties in reaching all regions.
At the end of Food Africa, Brazilian companies celebrate food export contracts and say the event helped open opportunities in the Arab country.
An initiative by the Arab-Brazilian Chamber of Commerce and ApexBrasil brings food companies to seek local clients at Food Africa from December 3 to 5.
Food companies will participate in the ADIFE exhibition in the capital of the United Arab Emirates. It’s an opportunity to expand the presence of products and brands in the Gulf region.
Executives from the free zones authority of the Arab country met with leaders of the Arab-Brazilian Chamber of Commerce to present opportunities in the country.
Representatives from the Halal do Brasil project were in Goiânia earlier this week to present the markets and technical specifications of foods fit for Muslim consumption.
