22 Jun BRAZIL TRADE MISSION 2016
August 24-29, 2016
A strong delegation of the Minority Chamber of Commerce’s board of directors, partners and members will lead a trade mission to Sao Paulo and Rio Janeiro, Brazil aiming to expand trade opportunities for U.S minority companies. Participating U.S companies will have one-on-one pre-qualified appointments whether they are seeking to develop or expand direct export sales, locate distributors or agents, conduct market research or have other goals. All industry sectors are invited to participate in this mission
Brazil, the seventh largest economy in the world, is Latin America’s biggest economy. It is the fifth largest country in the world in terms of land mass and sixth in population with about 202 million people. Brazil has been the sixth largest destination for Iowa’s exports since 2011, exceeding $600 million in exports in 2013. In 2013, the U.S. was Brazil’s second largest import supplier behind China and followed by Argentina, Germany and Nigeria.
During the past decade, the country has maintained sound macroeconomic policies to control inflation and promote economic growth. One of the most significant changes experienced by the Brazilian economy over the past 15 years has been the increased attention to the importance of exports to increase the growth rate of the economy. This was an important change for a country that had relied on its internal market for so long. As the boom in global economic growth and in the price of commodities has abated, the country’s growth rate has slowed with 2.1% annual growth during 2015 and a high of 1.8% expected in 2016.
Space is limited for trade mission participation. The deadline for application is July 15, 2016. Read further for more information or contact Maria Loaisiga at (786)406-2190 or [email protected]
MR. DOUG MAYORGA