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Article: FOREIGN TRADE MEETING WARNS ABOUT TRADE DEFICIT
- Article from:
- Info-Prod Research (Middle East)
- Article date:
- December 1, 2008
CopyrightCopyright 2008 Info-Prod Research (Middle East). Provided by ProQuest LLC. (Hide copyright information)
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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 Trade Association ...