Brazil loosing industry to Mercosur members with cheaper costs and lower taxes

Monday, August 29th 2011 - 08:34 UTC

Full article 4 comments

Brazilian business and manufacturing leaders are demanding a “fiscal harmonization” of the Mercosur block since other full members are attracting a growing number of Brazilian companies to those countries lured by cheap energy and qualified labour. Read full article

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GeoffWard2
When mercerized cotton is also mercosured and maquilaed, then Brasil had better start **'banging its partners' heads together'**.

If Argentina, Paraguay and Uruguay are laundering products made in India, Pakistan & China to get them into Brasil at below market-rate, then Brasil must do what is necessary to remove this stain from the fabric of Mercosur.

And, if 86% of a car comes from outside Mercosur, this is truely NOT a South American product.

And if our Bahian factories, industrial plant, industrial materials are being stocked by Argentinian-sourced (eg) steel through 'smoke and mirrors' subterfuge to avoid taxes, tariffs & duties, then it is Brasil that suffers.

For God's sake, Brasil - **Get Your Act Together and Show Some Balls**.
Aug 29th, 2011 - 01:06 pm - Link - Report abuse 0
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Fido Dido
I agree with you Geoff.
Brazil also needs to stop bitching about the “super real”, fix your out dated tax system that hurts your industry, so that producers can produce more effiecient in Brazil (and keep those import tariffs).
Aug 29th, 2011 - 04:06 pm - Link - Report abuse 0
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geo2
Brasil is a Latin American country !?
Aug 29th, 2011 - 06:32 pm - Link - Report abuse 0
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lsolde
l think so geo2. Last time l looked, anyway.
Aug 30th, 2011 - 10:02 am - Link - Report abuse 0
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