Brazil Slashes Tariffs to Zero on Imports of Covid-19 Vaccines and Related Products

In March 2020, a resolution exempted taxes on COVID-19-related products until September 30. A new resolution published on September 17 extends the exemption until October 30, 2020.

RIO DE JANEIRO, BRAZIL - Overall, Brazil has cut import tariffs to zero on 509 products, the federal government reported on Monday, September 18th. More 118 products used to fight the coronavirus pandemic had their tariffs reduced, including 80 medicines. The tariffs were reduced by decision of the Foreign Trade Chamber (CAMEX).

The tariff-free products include chemicals like prednisone, which is indicated for the treatment of endocrinal, musculoskeletal, allergic and ophthalmic diseases. The list also includes lead-acid battery, lopinavir, levosimendan, ritonavir, ribarivin, codeine, sterilized water for injections, glucose injectable solutions, 3.5% gelatin solution, 12% glycerin solution, peracetic acid . . .

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