Brazil Hopes to Finalize New Import Process by 2022
Brazilian authorities expect its new import process, which allows traders to benefit from certain administrative improvements (see 2108120016), to be fully implemented by the end of 2022, the Hong Kong Trade Development Council reported Aug. 26. The country is also…
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continuing discussions with industry on how to improve Brazil’s international trade regime, including its World Trade Organization commitments and licensing restrictions. In addition, a recently announced measure will “strengthen the current legal framework for Brazil’s electronic single window” and clarifies how trade-related fees should be paid.