Morocco exempts import duties on beef and lamb from Brazil

Published Oct 21, 2024

Tridge summary

The Moroccan government has set a quota for importing 20,000 tons of meat from Brazil, including beef, lamb, goat, and camelid, exempt from VAT, to support its agricultural sector and secure food supply. This follows a Brazilian mission to discuss market access and tariffs, resulting in an agreement that also allows VAT-free import of up to 120,000 cattle and 100,000 sheep, though parafiscal taxes still apply. This initiative enhances Morocco-Brazil trade relations, with Morocco being a key African market for Brazilian exports.

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Original content

In an official decision formalized by means of a letter, the Moroccan government announced the granting of a quota of 20 thousand tons for the import of beef, lamb, goat and camelid meat from Brazil with full exemption from value added tax (VAT) on imports. The measure was communicated by the Ministries of Economy and Finance, Agriculture and Industry and Commerce of Morocco as part of a strategy to stimulate the local agricultural sector and guarantee the supply of food in the country. According to the Brazilian Ministry of Agriculture, the achievement of this exempt quota is a direct result of the official Brazilian mission carried out in April of this year, under the leadership of the Deputy Secretary of Commerce and International Relations of the Ministry of Agriculture, Julio Ramos. During the mission, the Brazilian delegation, which had the support of the Ministry of Foreign Affairs and the participation of the Brazilian ambassador to Morocco, Alexandre Parola, and the ...

Source: Beefpoint