Government launches new platform to tackle trade barriers

Government launches new platform to tackle trade barriers

Chamber Articles Category: Trade News Post Date: 11/13/17 Source: BrazilGovNews By: BrazilGovNews
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In order to help Brazilian companies avoid barriers to foreign trade and facilitate Brazilian exports to foreign markets, President Michel Temer has issued a decree launching the Electronic System for the Monitoring of Barriers to Brazilian Exports, called Sem Barreiras (“No Barriers”) for short.

According to a decree published on Friday (10 November), the system is an online tool that allows exporting companies to identify and communicate to Brazilian authorities the trade barriers they find during negotiations.

Many Brazilian exporters, especially small and medium businesses, find obstacles when selling their products abroad. This is because countries can hinder access to their market through regulations, technical standards or requirements impossible for Brazilian companies to comply with, often increasing the cost of business.

For the head of the Ministry of Industry, Foreign Trade and Services (MDIC), Marcos Pereira, the tool is a breakthrough in the work of identifying and removing trade barriers. "It is a fundamental instrument to strengthen the relationship between government and the private sector, since it will allow the two to work together to identify barriers and aid the work... of reducing or removing these barriers," he said. Read Full Article