Bolsonaro Supports Repeal of Veto on Reporto; Benefit Is Essential to Maintain Investments and Jobs in the Sector, as Well as Ensure Growth in Brazilian Ports

Written by Flavia Marinho Published on 08/02/2022 at 11:32 Updated on 08/02/2022 at 20:31

Representantes dos setores portuário e ferroviário com o presidente Jair Bolsonaro / Imagem Associação Brasileira dos Terminais Portuários (ABTP

‘Receiving the Support of the President of the Republic for the Renewal of Reporto Is a Great Achievement for the Port Sector’, Celebrated the CEO of ABTP

Yesterday afternoon (02/07), the CEO of the Brazilian Association of Port Terminals (ABTP), Jesualdo Silva, and other representatives of the port and railway sectors, met with President Jair Bolsonaro in Brasília to discuss the need for the renewal of Reporto.

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During the meeting, the president stated that he supports the repeal of the veto to the special regime before Congress. Reporto was approved by lawmakers at the end of 2021, along with PL 4.199/2020, the BR of the Sea, but received a veto from the federal executive at the beginning of this year.

Benefit, Supported by President Bolsonaro, Has Been Fundamental in Stimulating Private Investment in the Port and Railway Sectors

Reporto is a special tax regime that exempts the acquisition of essential machines and equipment for the port and railway sectors. Created in 2004, the benefit has been fundamental in stimulating private investment aimed at modernizing both sectors.

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Bolsonaro Supports Repeal of Veto on Reporto; Benefit Is Essential to Maintain Investments and Jobs in the Sector, as Well as Ensure Growth in Brazilian Ports

‘Receiving the Support of the President of the Republic for the Renewal of Reporto Is a Great Achievement for the Port Sector’, Celebrated the CEO of ABTP

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Benefit, Supported by President Bolsonaro, Has Been Fundamental in Stimulating Private Investment in the Port and Railway Sectors

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Bolsonaro Supports Repeal of Veto on Reporto; Benefit Is Essential to Maintain Investments and Jobs in the Sector, as Well as Ensure Growth in Brazilian Ports

‘Receiving the Support of the President of the Republic for the Renewal of Reporto Is a Great Achievement for the Port Sector’, Celebrated the CEO of ABTP

Also Read

Benefit, Supported by President Bolsonaro, Has Been Fundamental in Stimulating Private Investment in the Port and Railway Sectors

Finnish Man Buys Unwanted Island for a Bargain, Builds Home with Seven Trees and €400 Roof, Lives Off-Grid with Family in -35°C

Indian Driver Spends 14 Years Digging 10-Meter Tunnel Through Mountain to Connect Isolated Village to the World

Man Who Spent 27 Years Cleaning Classrooms in Louisiana Becomes Principal of the Same School at 39

Indian Teens Win National Geographic Award at Google Science Fair for Using Common Sour Fruit to Naturally Coagulate Rubber in 6 Hours, Reducing Production Time by 10 Hours

South Korea Tows 18 Concrete Blocks Weighing Up to 48,000 Tons Over 36 km to Construct a 3.2 km Underwater Tunnel Between Busan and Geoje, Installed Nearly 50 Meters Deep

Nigeria Dumps 120 Million Tons of Sand into Atlantic to Build Massive City with 8.4 km Sea Wall for Protection Against Ocean Waves and Erosion

In China, 23 Families Spent Over 4 Years Carving a 1.2 km Road Through a Cliff to Overcome Isolation and Transform a Remote Village

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