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Economic indicators

Government creates barrier to halt imports to Brazil

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 


In a decision that took by surprise the foreign trade enterprises, the government started to adopt this Monday (26) a series of non-tariff barriers to the entry of imported products, the report shows Guilherme Barros in Film (fully available to subscribers the UOL and the newspaper).
The Siscomex the system used to control the trade, will require the submission of import license in advance, call the LI for almost all products entering the country. In practice, it means the return of the control system adopted by the country of imports in the decades of 70 and 80, when Brazil was a small exporting and importing 80% of oil we consume.

What drew the most attention was the way the government announced the decision to the industry. Instead of an ordinance or a notification, the Ministry of Development announced the new measure by a note published last Friday in Siscomex.

The list of products with limited input is broad and covers virtually the entire staff of imports of the country: the milling products (wheat), plastics, copper, aluminum, iron, capital goods, material electronics, auto parts, automobiles and transport equipment in general, among others.



Source: Reuters

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This article was translated by an automatic translation system, and was therefore not reviewed by people.

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