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Marcos Troyjo: Government will promote Brazil’s competitive insertion in global trade

In citing a global trajectory of the last 70 years, Troyjo listed several countries that managed to change their level and used the increase of foreign trade as a lever of their development strategy: Germany and Japan, after the Second World War; China, since 1978; Chile, from the 1970s; Spain, since 1982; Singapore and South Korea. “They are all countries that have risen in the scale of per capita income and international competitiveness,” he recalled.

Brazil, however, historically has a low presence of foreign trade in the composition of the Gross Domestic Product (GDP), said the secretary. “Our share of international trade is tiny: it ranges from 0.9% to 1.2%, 1.3%. It is very small for who is the eighth economy in the world, “he warned. But the special secretary stressed that Brazil’s greater insertion in global trade requires the construction of harmonic solutions, consistent and focused on the future. “I prefer Brazil’s competitive insertion in global trade much more than simply the idea of ​​openness,” he warned. “If it were so, it was easy. You would throw rates and quotas on the ground and have the road to the paved paradise. But it’s not like that. Openness is one of the points of support for an international insertion project “.

Marcos Troyjo stressed that in addition to internal adjustments, it is important to look carefully at the international situation. He recalled that there is “a shift from the geo-economic meridian of the Atlantic to the Pacific,” with the growing importance of Asian economies, especially China – which is now the world’s second largest economy. The secretary stressed that Brazil and the United States are two giants of the American continent and that they have a good time to build a closer trade. “This is the time to increase trade relations with the United States. Brazil needs to be an interlocutor again, an important trading partner of this economy that will continue for a long time to be the epicenter of the entire world economic system, “said Troyjo.

Source: MDIC



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