Brazil’s Executive Secretary of the Foreign Trade Board, “CAMEX,” voted on Wednesday to provide duty-free access for up to 400,000 tons of paddy and milled rice from all origins, effective this week through December 31, 2020. The measure was officially published in Brazil’s Official Gazette of the Federal Government and responds to growing consumer complaints about the retail price of rice, which with beans are staple for a majority of Brazilians.
The Brazilian government National Trade Council, Camex, approved the contents of a proposed trade liberalization offer to be made by Brazil involving negotiations for a wide ranging cooperation and trade agreement between Mercosur and the European Union.