Sao Paulo, Brazil, 17 Dec – Brazil plans to open an office in Brussels to defend its exports from the losses caused by technical standards imposed by the European Union (EU), business sources said Wednesday.
The office, which will be similar to those opened by China and Russia in Brussels, will be a joint initiative of the National Confederation of Industry (CNI), a body that represents businesspeople, and the Brazilian Agency for Promotion of Exports and Investments (Apex-Brasil).
“Technical standards imposed by EU member countries have become non-tariff obstacles and have prevented exports from various sectors, such as the meat, marble and granite, and chemical sectors,” CNI noted in a statement.
The EU is currently the third biggest destination for Brazilian exports, after China and the United States, totalling around US$31 billion between January and November of this year.
Apex this year carried out over 800 trade promotion activities across the world, and over 40 percent of them were in the EU. (macauhub)