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Article: BRAZIL: FOREIGN TRADE MEETING WARNS ABOUT TRADE DEFICIT.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- December 1, 2008
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According to ANBA: The main focus of the 28th National Foreign Trade Meeting (Enaex), held last week in the city of Rio de Janeiro, was concern regarding the international financial crisis, which has already begun to interfere with Brazilian foreign trade and should exert a negative impact on the trade surplus, in 2009, of approximately 10% of the current figure, which is US$ 200 billion. "One of the issues raised was fear that the effects on the balance of trade might have repercussions in 2010 and 2011, in case effective measures are not immediately adopted by the government and the private sector," said Jos? Augusto de Castro, vice president at the Brazilian Foreign ...