According to the Foreign Trade Chamber (Camex), investments will be made in more than 40 sectors of the economy.| Photo: Daniel Castellano/Archive/Gazeta do Povo

The Executive Management Committee (Gecex) of the Foreign Trade Chamber (Camex) zeroed this Tuesday (9) the import tax for 628 machines and industrial equipment not produced in Brazil. The measure is valid until December 31, 2025 and affects goods whose average rate is 11%. The decision will be published in the coming days in the Official Gazette (DOU) in the form of two new Camex Resolutions, informed the Ministry of Development, Industry, Commerce and Services

“In one of them, 564 items will be listed, including machinery and industrial equipment manufactured abroad. The other will bring the inclusion of 64 new items for IT and telecommunications goods,” said the folder, in a note. The companies that applied for the benefit argued that the tariff reduction will favor the import of goods valued at over US$800 million.

According to Camex, investments will be made in more than 40 sectors of the economy, mainly in metallurgy; electricity and gas; manufacture of motor vehicles; manufacture of machinery and equipment; in addition to pulp manufacturing. The ministry informed that around 80% of the equipment with tariff reduction will be imported from the United States, China, Germany and Italy, as there is no domestic production.

This Tuesday, Camex also approved an anti-dumping measure, for five years, “for gelatine capsules used for ingestion of medicines and supplements”. The folder stated that the input imported from Mexico and the US will be surcharged to avoid damage to the Brazilian industry. These capsules are used in compounding pharmacies, in the sale of food supplements (nutraceuticals) and in veterinary medicine.

Gecex also excluded from the List of Exceptions to the Common External Tariff of Mercosur (Letec) protein concentrates and textured protein substances that cover several products, such as soy proteins used by athletes. Camex informed that “the inclusion of this product in Letec with a rate of 0% caused losses to the domestic industry and, therefore, now returns to the consolidated tariff in Mercosur (11.2%)”.