|
 Brazil needs to import more. This was the position defended by the Research and Economic Study director at Bradesco bank, Octávio de Barros, during the 120th Encomex, the foreign trade meeting that took place in São Paulo.
Barros said to an audience made up mainly of businessmen, at the offices of the Federation and Center of Industries of the State of São Paulo (Fiesp/Ciesp), that Brazil has the lowest imports to Gross Domestic Product (GDP) ratio in the world.
According to Octávio de Barros, a study of national companies promoted every month by Bradesco shows that the sectors that are most increasing their exports are also those that are further expanding their production.
"This cycle of Brazilian imports is promising. We must make use of it to be more aggressive in exports," stated the director. The idea is to import inputs and technology to produce more, at lower cost, and thus also to export more.
According to figures supplied by the Ministry of Development, Industry and Foreign Trade, one of the organizers of the Encomex, Brazilian imports currently represent 8.5% of the GDP. Barros considers this percentage low, but it has already been lower. In 1997 it was 6.87%.
"The participation of imports in the GDP is growing," stated the director of the Foreign Trade Planning and Development Department at the Ministry, Fábio Martins Faria.
Brazil is currently facing an increase in imports, which are growing more than exports. From January to August this year, they have risen 27.8% in comparison with the same months in 2006, reaching US$ 74.9 billion. Imports, in turn, grew 15.9% to US$ 102.4 billion.
"This is a significant increase as it is basically in raw materials and intermediary products, which represent 50%, and capital goods, around 20%," stated the Foreign Trade secretary at the Development Ministry, Armando Meziat, at a press conference during the Encomex.
According to Meziat, imports include machinery that is not made in Brazil, bringing to the country further technology and the capacity of producing better quality products at lower costs.
"By offering cheaper products here, you compete with the import of end products and also slightly neutralize the loss there is being due to the appreciation of the Brazilian real against the dollar," stated Meziat.
Brazilian imports of raw and intermediary materials grew 28.5% from January to August this year, as against the same months in 2006, and those of capital goods rose 27.3%.
Anba
 |
Subscribe to this comment's feed
The small, coastal town of Condé is located just a twenty minute's drive from João Pessoa, the capital of Paraíba. The Northeast of Brazil has historically been a place of encounter and mixing between peoples. For millenia groups of indigenous people fished, farmed, migrated and sometimes fought along this large, fertile area. 
The Brazilian diplo-MÁ-cia (bad diplomacy) carries on its accelerated course towards the non-acknowledgment of human rights, although sometimes it takes pleasure in saying that it does precisely the opposite. The visit of Iran's president, Mahmoud Ahmadinejad, is another example of a diplomatic omission that verges on hypocrisy. 
On July 4, 2006, representatives of Argentina, Brazil, Paraguay and Uruguay met in Caracas to sign the protocol for the entrance of Venezuela into the Southern Common Market (Mercosur). After two and a half years, the protocol was approved by the legislative bodies of Argentina and Uruguay, and as of now it may be only days away from being ratified by the continent's economic megalith, Brazil. 
Some sectors of the fight against AIDS have suggested that Thabo Mbeki, the former president of South Africa, committed genocide through his absence from the fight against the illness in his country throughout his two terms. 
One hundred and eleven years after Brazil abolished slavery, the number of workers deprived of their freedom is still huge. They raise cattle, produce charcoal, sugar cane or timber. Some of them, most undocumented Bolivians, work in basements of small apparel factories in São Paulo and other metropolis. 
On November 7, 2009 a few friends and I had an opportunity to take a look inside a Brazilian jail outside the city of Rio de Janeiro. We were able to take some amateur footage of our experience on video (see link below). It's no surprise, of course, that the typical Brazilian jail lacks some of the functionality of those in North America or Europe, but our experience that day was quite shocking. 
Depletion of the Amazon Rainforest is not a new concern facing environmentalists, biologists, ecologists, and a growing number of the Amazonian indigenous peoples. For decades they have feared for the fate of the world's most biologically diverse and species-rich hothouse. 
Geisy Arruda made history this week in Brazil, but for all the wrong reasons. What began as a poorly planned fashion statement has become a worldwide tale. Geisy decided to wear a pink mini-dress to her private college in São Paulo state, and after that, all hell broke loose. 
The push of vigilante groups in Rio de Janeiro's favelas (shantytowns) in the last three years is the most important and alarming information of the just-released study by the Rio de Janeiro University's Violence Research Center (Nupev-Uerj). 
A dispute over drug trafficking territory in Rio de Janeiro has intensified lately, leaving in its wake unprecedented acts of violence, such as the downing of a police helicopter in the northern zone of the city on October 17. Three policemen died and another two were injured. This event has drawn the attention of the international media, who are raising the issue of public security for the 2016 Olympics to be held in Rio.
Otherwise you have ONE OF THE WORLD HIGHEST IMPORT TAXES.
the most funniest thing is that then you expect OTHERS....to reduce THEIR IMPORT TAXES.....BUT NOT YOURS !!!!!
Such at the WTO. You expect developed nations to reduce their agricultural subsidizes......but Brazil is not willing to reduce
their import taxes on Industrial goods and financial services.
As a simple example, do you know where the Apple Ipod is the most expensive in the world ?
IN BRAZIL ! fOLLOWED BY INDIA !
Survey done by an Australian bank... earlier this year !
But Brazil is sooooooo wealthy they can afford just about everything, except education, infrastructures, healthcare.....where they expect others countries or International agencies...to lend money to Brazil !
Ohhhhhh did you know that even for your "free condoms" offered by your government, it came from a World Bank Loan....despite your country has so much....in foreign currency reserves !
I am therefore not that wrong when I write : Brazil loves to cheat, lie and hide !