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Economy Oct, 28, 2024 0

Brazil and United Kingdom enter partnership for export credit

On Wednesday (23), Brazil’s Vice President and Minister of Development, Industry, Commerce, and Services (MDIC), Geraldo Alckmin; the United Kingdom’s Minister for International Trade and Business, Jonathan Neil Reynolds; and…
Trade Regulations Oct, 25, 2024 0

European commissioner sees “window” for EU-Mercosur deal

The European Union and the Mercosur have “a window of opportunity to conclude negotiations” on the free trade agreement by the end of the year, European Trade Commissioner Valdis Dombrovskis…
Automotive Oct, 25, 2024 0

Brazil’s BYD Factory Launch Faces Delays as Equipment Awaits Tariff Exemption Decision

According to Alexandre Baldy, senior vice president for BYD in Brazil, BYD’s machinery for its hybrid and electric vehicle plant in Camaçari, Bahia, has been stuck at the Port of…
furniture exports
Economy Oct, 23, 2024 0

China overtakes Brazil in South America’s export market

Brazil’s exports are losing market share this year in neighboring countries, while the export market of China is growing in South America. Brazil’s share in the imports of a group…
Trade Regulations Oct, 23, 2024 0

Moroccan government grants full tax exemption for imports of beef, lamb from Brazil

In an official announcement, the Government of Morocco has granted Brazil a quota to export 20,000 tonnes of beef, sheep, goat, and camelid meat with full exemption from Value Added…
Economy Oct, 22, 2024 0

Domestic industry leaders fear impact of new import rules, EU-Mercosur deal

Argentina’s government seeks to move forward with a trade opening policy which includes the reduction of tariffs on imports and the flexibilisation of access to the foreign exchange market. One…
Trade Regulations Oct, 22, 2024 0

Saudi Arabia to import flower and hay from Brazil

The Brazilian government celebrated Saudi Arabia’s decision to open its market to Brazilian exports of flowers and hay. This marks the third market access Brazil has gained in Saudi Arabia…
Trade Regulations Oct, 18, 2024 0

Brazil gov’t deliberates on tariff changes, new anti-dumping measures

The Executive Management Committee of Brazil’s Foreign Trade Chamber (Gecex) convened on Thursday (October 17) to deliberate on several requests regarding adjustments to import tariffs, the granting and exclusion of…
Trade Regulations Oct, 17, 2024 0

EU Council seeks to delay Anti-Deforestation Act

Members of the European Union Council, the bloc’s main decision-making body, reached a consensus on Wednesday to request a delay in the implementation of the Anti-Deforestation Act, originally scheduled for…
Economy Oct, 14, 2024 0

Record high for U.S.-bound exports from Brazil

Brazilian exports to the United States surged by 10.3%, reaching a record $29.4 billion from January to September this year compared to the same period in 2023, according to the…