DUBAI: Brazilian meatpacker BRF said it was evaluating the impact of new rules in Saudi Arabia reducing the shelf life of frozen chicken to three months from one year.
The company told shareholders that the change came to light after the Kingdom’s Food and Drug Authority (SFDA) notified the World Trade Organization of the move.
“The company has no means yet to measure the potential operational, economic and financial impact, in case the measure is maintained by the SFDA,” the company said in a filing.
Saudi Arabia and the wider Gulf is a key market for Brazilian meat exporters.
Last week Saudi Arabia announced that it was banning imports from 11 Brazilian poultry plants.
Brazil's BRF mulls impact of Saudi move to reduce frozen chicken shelf life
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Brazil's BRF mulls impact of Saudi move to reduce frozen chicken shelf life
- Last week Saudi Arabia announced that it was banning imports from 11 Brazilian poultry plants
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