The Brazilian Rice Industry Association defends agreements to continue exporting rice to Mexico

Published Oct 5, 2024

Tridge summary

The Brazilian Rice Industry Association (Abiarroz) recently advocated for the maintenance of the Package Against Inflation and High Prices (PACIC) at the Mexico-Brazil Business Forum in Mexico City. This package exempts import taxes on basic food items, including Brazilian rice, making it up to 16% cheaper for Mexico. Mexico, a country that relies on imports to ensure food security, is one of the largest consumers of rice in the Americas. In 2023, Brazil exported 450 thousand tons of rice to Mexico, which is about 24% of its total rice exports. Abiarroz emphasized the importance of this measure for the competitiveness of Brazilian rice and the sustainability of the production chain.

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Original content

(By Abiarroz) The Brazilian Rice Industry Association (Abiarroz), represented by its executive director, Andressa Silva, and its export manager, Beatriz Sartori, attended the Mexico-Brazil Business Forum, held this week in the Mexican capital, together with the delegation of President Luiz Inácio Lula da Silva. The mission aimed to strengthen relations between the countries on the eve of the inauguration of the President of Mexico, Claudia Sheinbaum. On the occasion, the association that represents the rice industry in Brazil, through an associated company, defended the maintenance of the Package Against Inflation and High Prices (PACIC), a package that provides for exemption from import taxes on basic food items, including Brazilian rice, making the grain available to Mexico up to 16% cheaper. “This measure favors competitiveness. Our quality is superior to the United States, similar to Uruguay, but we do not have a price. Therefore, this program is essential to maintain ...

Source: Planetaarroz