A protocol signed by the two countries in 2018 came into force, eliminating double taxation on income and improving legal security and the business environment.
Author: Agência Brasil
Foreign trade surplus benefited the country’s current accounts in April, which reached a record-high USD 5.7 billion.
Revenues from sales in the sector accounted for 7.5% of Brazil’s GDP. The country has over 91,000 supermarkets.
A CNI survey shows that the Brazilian industry has become less concentrated in the southeastern states of Brazil in the last ten years. Even so, the region still holds the majority of companies.
Brazilian oil company performed well, driven by higher oil prices and lower operating expenses. Gross debt decreased and asset sales generated USD 210 million.
According to a Central Bank indicator, the economy picked up in Q1 2021 from Q4 2020.
Seven out of ten small- and medium-sized enterprises in Brazil have been selling their products online since the pandemic started.
Infrastructure minister Tarcísio Gomes de Freitas said the amount should be invested in projects under concession to the private sector.
The president sanctioned a law facilitating the shipping of samples containing genetic information to other countries under public health emergency circumstances such as the Covid-19 pandemic.
The Brazilian federal government sanctioned the legal framework approved by the Legislative Branch. The new law is expected to help attract foreign investment into the sector.
Twenty-two Brazilian airports got handed over to two private conglomerates during an auction on Wednesday (7).
Brazilian foreign trade chamber Camex zeroed import taxes on medicines for pain relief, sedation, intubation, and artificial respiration products, as well as monitors for ICUs. Now, the number of items to fight the pandemic with zero import duties reaches 628.
President Bolsonaro signed a provisional measure simplifying business registration and protecting minority investors, among other things.
Country received around 1 million doses of the AstraZeneca/Oxford vaccine from the WHO-backed global COVAX Facility vaccine-sharing program.
