Morocco eliminates tax on meat imported from Brazil

Published Oct 22, 2024

Tridge summary

The Moroccan government has decided to exempt value-added tax (VAT) on the import of up to 20,000 tons of beef, goat, sheep, and camelid meat from Brazil. This decision is aimed at facilitating access of Brazilian products to the Moroccan market and strengthening trade relations between the two countries. The exemption also extends to the import of up to 120,000 heads of cattle and 100,000 heads of sheep from Brazil. However, the parafiscal tax will still be charged to importers. This development was achieved during a Brazilian government mission to Morocco led by the deputy secretary of Commerce and International Relations of Mapa, Julio Ramos.

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Original content

The Moroccan government announced an exemption from value-added tax (VAT) on the import of up to 20,000 tons of beef, goat, sheep and camelid meat from Brazil. According to information released on Monday (21) by the Ministry of Agriculture and Livestock (Mapa), the measure was communicated by the Ministries of Agriculture, Economy and Finance and Industry and Commerce of Morocco. According to the note from Mapa, the exemption from this import tax aims to “facilitate access of Brazilian products to the Moroccan market, strengthening trade relations between the countries”. The Moroccan document, reports Mapa, highlights the importance of this type of agreement to maintain the balance of food supply and prices for the end consumer. Mapa attributes this achievement to a Brazilian government mission carried out in April led by the deputy secretary of Commerce and International Relations of Mapa, Julio Ramos, with support from the Ministry of Foreign Affairs of Brazil, the Brazilian ...

Source: Opresenterural