European Union to abolish import duties on Brazilian vegetable oils

Brazil will be able to supply some agricultural products, including vegetable oils, to EU countries duty-free, the official website of Brazil’s Agriculture Ministry reports.

This became possible after signing a free trade agreement between the European Union and the Mercosur economic bloc (Brazil, Argentina, Uruguay and Paraguay).

The volume of trade between the European Union and Brazil far exceeds that between the EU and other Mercosur countries, reports UkrAgroConsult.

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Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators – the 7th International Conference “Black Sea Oil Trade-2019 in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.

 

UkrAgroConsult

 

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