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.
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Starting March 1, 2023, all export processes from Brazil to Jordan will take place on the Easy Trade platform of the Arab Brazilian Chamber, which held an event to inform exporters on the tool.
The federal government has waived special license requirements for foreign sales of hand sanitizer. A decree has also created exceptions on a ban on exports of PPE, mechanical ventilators, hospital beds and vital signs monitors.
Entity hosted online meeting with representations from around 30 trade association and government bodies and invited them to be part of the committee established in the pandemic to meet the Arab supply needs.
Brazil ran a USD 2.2 billion surplus last month as exports cooled off and imports climbed, prompting the government to revise its yearlong estimate.
Foreign sales fetched USD 4.422 billion and foreign purchases amounted to USD 3.454 billion, leading to a USD 968 million trade surplus.
Brazil ran a USD 2.3 billion surplus last month, the lowest for the month since 2010. Both exports and imports slid.
Estimate for 2019 surplus rose from USD 50.1 billion to USD 56.7 billion. However, a decline in both exports and imports is expected.