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Brazil nullified import duties on 530 products

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Brazil nullified import duties on 530 products

Brazil has abolished import duties on more than 530 products. The decision was announced by the Executive Committee of the Chamber of Foreign Trade (Camex) of the country's Ministry of Economy.

The list of goods included respirators, monitors, oximeters, devices against coronavirus and medical equipment, robotics, 3D-printers and computer equipment.

This decision was made to strengthen the fight against the pandemic, stimulate the recovery of the Brazilian economy and help key industrial sectors, including agro-industry.

In addition, the duty was zeroed on nuclear reactors, boilers, equipment and mechanical devices. Also on the list are electrical machinery and equipment, sound recording equipment, wagons and others.

The full list can be found in the official Gazette of the Brazilian government.

As it was reminded in the Russian trade mission in Brazil, there are zero import duties on medical needles and syringes in Brazil until June 30.

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Author: Ksenia Gustova

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