The Ministry of Development, Industry, Trade, and Services has set up the Working Group to Reduce the Brazil Cost, aimed at devising measures to boost the country’s competitiveness and growth. Activities will last four years.
After welcoming Congress members representing Brazil’s productive sector, Carlos da Costa, special secretary for Productivity, Employment and Competitiveness of the Economy Ministry, said Brazil is going through “a moment of reindustrialization.”
A report put together by the World Economic Forum shows Brazil ranking 71st on the global competitiveness list comprising 141 countries.
The US decided Thursday (May 23) to formally back Brazil’s admission to the Organization for Economic Cooperation and Development (OECD). The official announcement was made during an OECD meeting in Paris.
Décio Oddone, director-general at Brazil’s National Agency for Oil, Natural Gas, and Biofuels (ANP), said today (Feb.