The Brazilian leather trade has reacted with dismay to the government’s recent decision to phase out the 9% duty that applies to the export of wet blue. 

Camex, the Brazilian Chamber for Foreign Trade, has approved a resolution that will see the duty reduced from its current level to 7% in 2004, 4% in 2005 and its complete elimination by the end of 2006.   The chamber cites ‘disappointing’ growth in footwear exports.

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