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Tension between US and China may benefit Brazil, says Abimaq

The recent US measures against China regarding the issue of import tariffs against Chinese products and investment restrictions could benefit Brazil, according to Abimaq – Brazilian Association of Machinery and Equipment. The president of the institution, João Carlos Marchesan, in a press conference on the conjunctural indicators of May 2018, on the afternoon of this Tuesday (26), emphasized that if Brazil has more legal certainty, a better regulatory framework and a business environment of prospects, the country will not only have China and the United States as investors, but many countries of the world investing in Brazil and the Brazilians themselves, who are reticent today, waiting for a good moment, must return to invest as well.

In Abimaq’s view, Brazil needs 2019, a president who focuses on a State policy and not a government policy. “We will have many more investors if Brazil adopts a policy that focuses on development and the next generation. Abimaq understands that only today’s investment will lead to tomorrow’s growth and for this we must start with the infrastructure, “said Marchesan.

 

Source: Paranashop / Brazil Modal

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07.06.2018

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