Home / Knowledge / News / Textiles / Brazil raises concern over Argentine trade barriers
Brazil raises concern over Argentine trade barriers
04
Feb '12
Brazil, Argentina's third largest trade partner, has raised concern over a new Argentine law that requires importers to sign an affidavit describing their purchases before they are granted permission to import their goods, including textiles and garments.

Tatiana Prazeres, Brazil's Foreign Trade Secretary, said the Government will judge the impact of the new rule on Brazilian textile, garment and other exports to Argentina, before taking a final decision on future course of action.

Prazeres added that the Government would also consult the private sector on the issue, to protect the interests of the country's textile, garment and other exporters.

The new set of measures enforced by Argentina is in addition to the already existing system of non-automatic granting of license for imports.

Argentine Government has taken the latest step to achieve a trade surplus and to put a break on capital flight from the country in the wake of global economic slump.

Last year, Argentina-Brazil bilateral trade was worth US$ 33 billion, which was US$ 5.8 billion in favour of Brazil, an increase of 20 percent year-on-year.

Fibre2fashion News Desk - India


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X