The Brazilian government decided to levy a 9.2% tariff on crude oil exports to compensate for the loss of revenue due to the gradual lift of tax exemptions on fuel.
LATEST NEWS
- As oil stops flowing, Yemen’s economy contracts
- Water scarcity a challenge for Morocco’s growth
- Outlook on Brazil’s rating changed to positive
- China’s footwear exports to Arab countries up
- Tunisia ramps up investment by 15%
- Brazil’s Korin to begin exporting to Arabs
- Brazil discusses quotas, new products with Morocco
- Saudi market ripe for seeds from Brazil