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Brazil What do Brazilians want? Conclusion of an agreement between Brazil and the United States will bring benefits to international trade.

Written by Leonardo Seiberlick
Published 05/10/2022 às 16:23
Brazil that Brazilians want Conclusion of an agreement between Brazil and the United States will bring benefits to international trade.
image source: shutterstock

The conclusion of the agreement was welcomed by the National Confederation of Industry and made international trade more practical. The United States is currently one of Brazil's largest trading partners.

Nowadays, with the ease of international trade, companies certified as Authorized Economic Operators - OAS in Brazil – will be able to export products faster and with less bureaucracy to the United States. The Mutual Recognition Agreement – ​​ARM was signed on September 16 in the US capital, Washington after seven years of negotiations between the Internal Revenue Service and US Customs.

Imports and exports began after the signing of a joint work plan, in 2015. The conclusion of this partnership is defended by the National Union of Industry and Transport and is one of the central agendas of the agenda of the international trade.

Os United States is Brazil's second largest trading partner, with 14% of the country's exports and representing an amount of more than US$ 70 billion last year, in 2021. Based on these figures, Brazil exported approximately US$ 30 billion to the North American market. American and imported around US$ 40 billion.

According to the CEO of Logcomex, a company of great influence for foreign trade, the signed agreement was extremely expected by the market

Helmuth Hofstatter, CEO of logcomex, points out that the union between the two countries is important to have good compatibility and speed in exports and imports in Brazilian trade. “It was an agreement extremely awaited by the market. The measure brings more competitiveness to the industry by reducing the time and costs of Brazilian exports to the USA”, explains

According to the Ministry of Economy, OAS program companies account for 17% of exports to the United States, in an analysis of the last 3 years. The minister's position is that the signing of the agreement should generate a growth in demand for AEO certification among companies in Brazil

“In general, the movement will bring a series of benefits to the logistics operations between Brazil and the USA, enabling a greater commercial flow between the two countries”, completes the CEO of Logcomex, Helmuth Hofstatter

About Logcomex

A logcomex is a company that has developed technology solutions that provide visibility, data analysis and automation for international trade. Present in more than 11 countries in the five countries, Logcomex has more than 1600 customers and offers services for the entire global supply chain with effective operations in real time, end-to-end management in the operation and strategic information for foreign trade companies .

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Leonardo Seiberlick

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