NEWS IN ENGLISH - Business community supports Greater Brazil Plan

04/08/2011 09:55

Daniel Mello          Reporter Agência Brasil


São Paulo – According to the president of the Competitive Brazil Movement (“MBC”), Erik Camarano, “Business leaders in various sectors are enthusiastic about the measures to support domestic industry. They see the Greater Brazil Plan as progress. There is still a lot to do, but it is certainly a step in the right direction,” said Camarano.


Paulo Tigre, who runs a business in autoparts, says the Greater Brazil Plan shows that the government is concerned about industrial development. “This is really a move to defend Brazilian companies that operate in foreign trade, both importers and exporters,” he declared. “I believe there will be more progress in this area with the creation by the government of an intelligence group [specifically for foreign trade],” said Tigre.


Camarano, on the other hand, pointed out that Brazil has a lot of bottlenecks, such as payroll taxes. “The country needs to simplify as well as reduce the burden of taxes. And invest in infrastructure and education,” he concluded.


Allen Bennett – translator/editor The News in English
Link - Empresários apoiam medidas do governo para incentivar indústria