Brazil

Brazil eyes $100 bln annual exports to China within a decade – Guedes

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Brazil’s Economy Minister Paulo Guedes said on Monday that he would like exports to China to reach $100 billion a year within a decade and would also like annual trade with India to reach $100 billion.

In an online address to the International Chamber of Commerce Brasil, Guedes also said a reduction in import tax will ideally be part of a wider tax reform bill, and added that the government’s privatization agenda is overcoming earlier political resistance and is back on track.

SOURCE: Reuters

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