Brazil - Brazzil Mag - Brazil to Impose Bans on Chinese Products
Advertisement
  Home arrow Back Issues arrow 2004 arrow August 2004 arrow Brazil to Impose Bans on Chinese Products Friday, 09 January 2009 
Main Menu
Home
News
Back Issues
Advertising
Contact Us
Brazil Forum
Magazine
Brazzil Classic
Yellow Pages
Classifieds
Images
BrazzilMag Newsfeed
Custom Search
Amazon Body Care


Northern Rock | Debt Consolidation | Internet Advertising | Computers and Technology Articles | Loan
-------------
Brazil /Organic personal skin care wholesale / Brazil
--------------
Who's Online
We have 51 guests online
Latest News
Statistics
Members: 424
News: 10486
Web Links: 0
User Menu
Your Details
Submit News
Check-In My Items
My Comments
Login Form





Lost Password?
No account yet? Register
Related Items
Contribution
Have you got news?

Do you have news, comment or story on Brazil you want to share with Brazzil? Just send it our way to brazzil@brazzil.com.

 

Brazil to Impose Bans on Chinese Products PDF Print E-mail
Written by Stênio Ribeiro   
Monday, 23 May 2005

Brazilian President Luiz Inácio Lula da Silva will sign, on the next days, two decrees to regulate safeguards against the importation of Chinese products.

One decree is for general products, as defined in the agreement for the acceptance of China in the World Trade Organization (WTO), and another, for textile products.

The announcement was made this Friday, May 20, by the Executive Secretary of the Chamber of Foreign Trade (Camex), Mário Mugnaini, during press conference at the Ministry of Development, Industry and Trade.

He said that the decision to adopt safeguards was taken during meeting with President Lula and Camex Ministers.

He explained, however, that safeguard adoption is not automatic, and that sectors that feel hurt by the increase of Chinese imports may request protection to the Department of Commercial Defense (Decom) of the Ministry of Development.

Decom will then have eight months for investigation. According to Mugnaini in order for Camex to approve the measure, it is necessary first to prove damages, or possible damages, to the sector.

The Secretary of Foreign Trade, Ivan Ramalho, explained that the measure was taken, in part, because of the "expressive growth" of 58.3% of imports from China, in the first quarter.

Purchases of Chinese products jumped from US$ 908 million to US$ 1.437 billion, when compared to the same period of last year. "There is, therefore, an increase much superior to average imports of other countries," he said.

According to Ramalho, a large part of imports is of industrial components, such as those used in cell phones; but there is also strong growth in other sectors, as it happened with clothing, which rose 148% in value and 261% in weight, when compared to January/April 2004. In threads and fabrics, this value was 170% in volume and 300% in weight.

Agência Brasil

Hits: 6651
Comments (1)Add Comment
good decision
written by Guest, June 04, 2005
Very good if they continue to import so much everything will come from outside and production and jobs will be lost in Brazil just like they are lost here in the US.
report abuse
vote down
vote up
Votes: +0

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

security code
Write the displayed characters


busy




Reddit!Del.icio.us!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Add this social bookmarking functionality to your website! title=
 
< Prev   Next >