Browsing: Economy

A resolution has changed the certification process for inbound medication to Brazil, which should become swifter according to the National Health Surveillance Agency (Anvisa).

Brazil’s Foreign Trade Chamber (Camex) has cut the tax on capital goods imports from 14% to 2%. The measure will remain valid until the end of 2014 and includes 95 types of products not made domestically.

Foreign sales were down 7% from 2009 to 2013, from US$ 162 mn to US$ 150 mn, according to the Rio de Janeiro State Industry Federation. In the same period, exports from Rio were up 17%.

Foreign sales from Brazil stood at US$ 3.8 billion in the first four work days of the month. Average daily exports were up 4.1% from March and 3% from the same period in 2013. The trade balance is running a deficit.

The openings will be created in Brazil’s 12 host states between April and June, as per estimates from the National Federation for Trade in Goods, Services and Tourism.