Agrow is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Brazil mulls agchem tariff cut

Brazil’s Minister of Farming Guido Mantega says that he intends to cut agrochemical import duties, newswire Agroling reports. The reduction would run for 12 months as a means of containing inflation in the country. The move would run counter to the protectionist tendencies of the Brazilian government, Agrolink comments. “The [value of the US] dollar is fluctuating and at the moment it is high, creating a natural defence [against imports] for this type of input,” he reportedly says. The lowering of quotas is likely to depend on the value of the dollar, the Minister adds. Mr Mantega raised tariffs last year against fertilisers and other agricultural chemicals supposedly to stimulate demand for national products, the newswire notes. “We will monitor the dollar [exchange rate] until September before setting tariffs,” the Minister adds.

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG000041

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel