Alckmin talks about job creation and falling interest rates

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The vice president of Brazil coordinated an interministerial meeting with China in Itamaraty

The government of the president of Brazil, Luiz Inácio Lula da Silva (PT), has been seeking to expand trade relations with other countries, increasing its role in the world economy. The Vice President of the Republic and Minister of Development, Industry, Commerce and Services, Geraldo Alckmin (PSB), the strategy to achieve this objective will be the focus both on regional trade and on bilateral treaties.

After coordinating at the Itamaraty, the interministerial meeting of the Sino-Brazilian Commission of High Level of Concertation and Cooperation (Cosban), Alckmin said that Brazil “has to take advantage of all opportunities to generate jobs, make the economy grow and lower interest rates”.

According to the vice-president of the country, these opportunities are in the expansion of trade with other countries. “Have no doubt that President Lula will reinsert Brazil into world trade, and that will bring many opportunities. We have 2% of world GDP. This means that 98% of the trade is outside Brazil”, he argued.

intraregional trade

Alkcmin spoke again about the need to value Mercosur, remembering that in several regional blocs, most of the trade is carried out internally, between the associated countries.

“If you take the USA, Mexico and Canada, more than 60% of trade is carried out there, but when you come to Latin America, it is less than 30%. So the first task is to strengthen regional trade, because the world, although globalized, is strongly intra-regional. We need to strengthen trade relations here and take advantage of all the opportunities in our own region,” he added.

bilateral treaties

The other task mentioned by Geraldo Alckmin is to move forward with bilateral treaties. “What is more advanced is the Mercosur-European Union, but there is no doubt that there are many opportunities for us to have understandings between Mercosur and the US or China,” he said.

Upon leaving Itamaraty, Alckmin addressed journalists to talk about two recent Brazilian conquests that contribute to expanding trade relations with the outside world. The first was the fact that the US removed Brazil from the “anti-dumping list” for carbon steel plates, a metal alloy widely used in the automobile industry; of home appliances; and by construction.

The other was the reduction of bureaucracy in a procedure for exporting chicken meat. “Before, [para exportar esse produto] we had to issue a paper certificate that was issued by Banco do Brasil at a cost of R$ 160 each. Last year alone, 14,500 emissions were made. These licenses are now made digitally and at zero cost. It saves time, reduces bureaucracy, removes paper and reduces costs. Everything to make life easier for the entrepreneur”, he concludes.

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