Brazil: Government suspends ethanol tariff

Brazil has suspended the tariff imposed on all ethanol imported into the country until 31 December 2011. Ethanol imports had previously been charged at 20%. The Brazilian Sugarcane Industry Association (UNICA) has welcomed the move, noting that it represents a key step towards the establishment of a global biofuels market. “UNICA Subscribe to Automotive World … Continued

• By Webmaster
• April 7, 2010