Government publishes resolution that reduces rice imports to zero

The Executive Management Committee of the Chamber of Foreign Commerce published this Thursday (10), in the Official Gazette of the Union (DOU), Gecex Resolution number 87, which reduces the rice import tariff to zero, as anticipated by Estadão /Broadcast.

The government established a quota of 400 thousand tons of product until the end of the year that can enter the country without the tax. According to the agency, the amount is valid for non-parboiled and polished or burnished rice, together.

According to sources from the Ministry of Agriculture, the total released is considered sufficient to help contain the rise in the price of rice at retail and ensure that there will be no shortage of product on the shelves. This year, until August, Brazil imported 45,087 tons of unhulled rice and 372,890 tons of processed rice (hullless, parboiled and polished).

The product is rarely imported into Brazil – the idea is precisely to remove the tax so that purchases increase while domestic prices are high. The import tax from countries outside Mercosur is 12% for rice.

Source: Notícias Agrícolas

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