Brazil: In Mexico, Abiarroz defends the maintenance of agreements that favor rice exports

Published Oct 4, 2024

Tridge summary

The Brazilian Rice Industry Association (Abiarroz) sought to bolster Brazil-Mexico relations at the Mexico-Brazil Business Forum, advocating for the continuation of the Package Against Inflation and High Prices (PACIC), a policy that exempts import taxes on basic food items like Brazilian rice, making it up to 16% cheaper for Mexico. This initiative is crucial for the competitiveness of Brazilian rice, given its higher quality compared to the US and Uruguay, but lower prices. In 2023, Brazil exported 450 thousand tons of rice to Mexico, which is essential for Mexico's food security, as it relies on imports for a significant portion of its rice consumption. The forum highlighted the importance of integration in production chains and the discussion of food security, with over 400 businesspeople in attendance.

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Original content

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 Brazilian exports to ...

Source: NoticiasAgricolas