The government of the North African country has removed the VAT on the import of up to 20,000 tonnes of beef, sheep, goat, and camel meat.
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The North African country opened its market for Brazilian poultry in October. Negotiations to reduce tariffs to close to zero are already underway.
Bawadi Al Dain executives are in Brazil for meetings with local agribusiness entrepreneurs in search of deals and trades.
ApexBrasil conducted a sector study and saw opportunities for increasing exports with lower tariffs than competitors. Egypt’s market was opened for Brazilian ginger in 2021.
The Brazilian government raised the import tariff from 3.8% to 10.8% for 24 months to stimulate the local industry.
Executives from the two institutions discussed how to cooperate to boost Egypt-Brazil trade.
Import tariffs on food items like rice, beans and biscuits as well as construction materials will be reduced by 10%, aiming to curb inflation.
The segment has seen a recovery from 2020 in Brazil. Although the country has historically been an eyewear importer, local brands have worked with Brazilian design in pursuit of breaking into markets, including the Arabs.
With Petrobras unprepared to attend the demand for gasoline and diesel in November, the Brazilian market could seek products overseas to avoid shortages.
Executive Vicente Santos Jr. (pictured above), from Broker Comex, pens an article on how the pandemic context affects activities in ports and customs and demands more attention from exporters and importers to the area.
For Jean Stoll of A.P. Moller-Maersk, containers that return to Brazil after exports to the Arabs are still little used. He spoke in a webinar on logistics this Tuesday (6).
The Lebanese region is printed on bottles of different importers in Brazil. In the Beqaa Valley, the production regained strength in Lebanon, which has a thousand-year history with wine but spent years away from it.
The volume purchased by the bloc in the first four months of the year was 678,000 bags of Brazilian produce.
Brazil-based M&K provides advisory, export and import services and operates primarily with the defense and public safety industry. It has sought to widen its share in other segments such as healthcare and commodities.