Tariffs will be lowered by as much as 98 percent on some products, according to Mozambqiue’s ambassador to China.
imports
Although shipments last year were hit by drought and weak demand, the industry expects a strong recovery ahead of the upcoming meeting between Presidents Lula and Xi.
Packaging on 24 crates of yoghurt tests positive, promptly sealed and destroyed by IAM staff; public and businesses urged to disinfect and clean rigorously.
Flow of goods has increased 130 per cent since 2016; China remains Brazil’s largest trading partner, ahead of the United States.
Mobile phones, watches, handbags, wallets and gold jewellery all show positive growth.
Imports down slightly to 96.52 million tonnes, with over half sourced from Brazil.
Mobile phones and beauty items top the list, with almost one-third of imports coming from China; trade deficit stands at MOP 67 billion.
The popularity of precious metals is matched by a desire for other high-end goods such as handbags as the city overcomes Covid-19 doldrums.
Massive increases in overseas trade in the past year point to a recovery from the downturn caused by Covid-19.