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Brazil`s economy is still recovering from the negative impacts of the pandemic on its GDP growth, employment, and most sectors of the economy. For 2023, the Brazilian Central Bank (BCB) forecasts GDP to grow 0.76 percent and 1.5 percent in 2024.

Egypt notified of new halal requirements and procedures for food products. This was disclosed via a Technical Barriers to Trade (TBT) fourth addendum notification to the World Trade Organization (WTO). The notification waives the halal certification requirement on milk and dairy products until April 1st, 2023.