The Government of Brazil to export enterprise solution

International financial and economic crisis since the outbreak of Brazil's economic sectors have been seriously affected, Brazil Government several times the expected downturn in economic growth. Among them, the impact of the export industry suffered the most. Brazil Government even expected, this year Brazil exports or appears nearly a decade of decline for the first time. To this end, Brazil Government efforts to promote exports by various means for the enterprise.

Because Brazil is the main raw material production and exporting countries, the world economic recession allowing basic raw materials prices, exports to Brazil had a tremendous impact. Brazil official figures show that the financial crisis affected the Brazil about two thirds of the export industry, of which 92% decline in automobile export, timber exports declined 90%, machinery manufacturing exports decline 86%.

The first five months of this year, Brazil exports 554.8 billion, compared to 22% decline. Brazil's foreign trade sector officials Weber · palar expects this year Brazil exports may 1979 from last year's US $ 160 billion, a decline of nearly 20%.

Brazil exports accounted for about 15% of GDP, exports downturn drew the Government's attention. Brazil Government took intervention rate, taxes and other measures to promote exports.

For Brazil currency real exchange rate recently move up the momentum, Brazil's Central Bank from May this year, began to take measures to prevent real appreciation too quickly, so as to avoid further damage exports. In addition, to alleviate the dollar exchange rate fluctuations on its economic impact, Brazil began to seek new trade settlement. In October last year, Brazil and Argentina officially launched bilateral trade currency settlement system, trade between the two countries will allow the use of local currency (Brazil Reals and Argentina pesos) payment, without the need to use the dollar as an intermediate currency. Brazil's President Lula's visit to China in May of this year and also during China bilateral trade currency settlement system has been discussed.

To ensure that export enterprises to fully and timely access to financial services, Government of Brazil are working hard to promote Brazil's national economic and Social Development Bank to become the "export" to the relevant enterprises provide credit, guarantees and subsidies.

In addition, Brazil's Government is also working to open for business, helping them and others to discuss export trade. Brazil in particular the establishment of a special help exporters of government institutions — export and investment promotion Institute. At present, export and investment promotion Institute is in the United States, Miami, Havana, Cuba, Poland Warsaw, Beijing, China and the United Arab Emirates, Dubai, the city has set up promotion center.

Brazil also through diplomatic channels to spare no effort to promote domestic products. The Government of Brazil announced in early may, the first four months of this year, Brazil's exports to China last year growth of nearly 65 per cent, and China in April this year, the United States become Brazil substituted for the current month's largest trading partner. Brazil considered that cooperation with China has great potential to further develop trade with China, and Brazil to open the Chinese market of chicken, beef, and actively negotiate Embraer aircraft to China for sale.