In an article, IDB do Brasil Trading CEO Erick Isoppo and Head of Operations Jessé Alan say that Brazil’s adoption of the Single Import Declaration (DUIMP) could boost investments held back by bureaucracy and highlight the changes compared to the previous Import Declaration (DI).
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The container shipping company announced it will operate a direct line for refrigerated cargo between South America and the Middle East in October.
Brazilian companies increased their exports to the Arab country last month. The leading products shipped were sugar and meat.
Overall, the Arab country imported fewer Brazilian goods in February, but there was growth in the acquisition of less traditional products.
Brazilian government has worked to reduce the time needed for import procedures to the same level of exports. By the end of the month, the air cargo clearance time will be shortened by 90%. In an interview with ANBA, SECEX executives talked about the new trade modernization features.
Agency launched the Women and International Business program aimed at taking more women-led companies to the global market. Actions include training, mentorship, B2Bs, and other activities.
The second week of August saw USD 3.4 billion in exports and USD 3.7 billion in imports, leading to a USD 277 million deficit.
