Brazil: Sindilat supports decree to protect the dairy chain in Rio Grande do Sul

Regulation & Compliances
Published Apr 21, 2024

Tridge summary

The Dairy Industry Union of Rio Grande do Sul (Sindilat/RS) has endorsed a new decree by the state government aimed at reducing tax benefits for companies that import powdered milk or cheese, with the goal of supporting local dairy producers. Set to take effect in 2025, this decree is welcomed by Sindilat's president, Guilherme Portella, who highlighted that the local dairy industry, which primarily serves the chocolate, ice cream, and cookie sectors, does not depend on imported powdered milk. Over 80% of such imports are utilized by these industries. The initiative is designed to strengthen the region's dairy production without negatively impacting the wider dairy sector.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Dairy Industry Union of Rio Grande do Sul (Sindilat/RS) supports the State Government's decree that limits the use of tax benefits by companies that purchase imported powdered milk or cheese. “Any measure that values the producer and the milk of the producer from Rio Grande do Sul is welcome for the dairy industries in Rio Grande do Sul”, indicates the president of Sindilat, Guilherme Portella. The decree was published yesterday, the 19th, in the Official State Gazette and will come into force from 2025. The president of Sindilat emphasizes that the measure does not represent harm to the dairy industry, since almost all of the powdered milk and dairy products that come from Uruguay and Argentina are purchased by processing industries. ...
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