Juliana Michelon

Brazilian import tax reduction for ITC and industrial equipment and machinery

Through its International Trade Chamber (CAMEX), the Brazilian government has released new resolutions reducing the import tax rates of 217 different types of industrial equipments and machinery not produced nationally. As an attempt to promote domestic industrial and production growth, capital goods such as engines, pumps and machines, and several products for the ITC sectorContinueContinue reading “Brazilian import tax reduction for ITC and industrial equipment and machinery”

Special customs regime for the Oil & Gas industry in Brazil

The special Brazilian customs regime REPETRO allows companies to import specific equipments to be used in research and exploitation of oil and natural gas fields, with the exemption of federal taxes such as the following: II – Import tax; IPI – Excise tax; PIS – Contribution to the social inclusion program; COFINS – Contribution toContinueContinue reading “Special customs regime for the Oil & Gas industry in Brazil”

Accession of the Russian Federation to the World Trade Organization

Russia’s accession to the WTO cleared a major hurdle when the WTO Working Party on its accession approved, ad referendum on 10 November 2011, the package spelling out Russia’s terms of entry to the organization. The Working Party will now send its accession recommendation to the 15 – 17 December Ministerial Conference, where Ministers areContinueContinue reading “Accession of the Russian Federation to the World Trade Organization”

Climate fund for renewable energy in Brazil

The Climate Fund was created through the Brazilian Law 12.114 of 09/12/2012 and regulated by the Decree 7.343 of 26/10/2010 as an instrumento for the National Policy for Climate Change. The fund is tied to the Ministry of Environment and is meant to garantee resources for projects or studies and financing initiatives that foresees mitigationContinueContinue reading “Climate fund for renewable energy in Brazil”

Bilateral Relations Brazil – Finland

On February, 14 2012, Mr Jyrki Katainen, Prime Minister of Finland was received by Dilma Roussef, President of Brazil, with the second largest ever official delegation sent from Finland to anywhere in the world. They talked about strengthening bilateral cooperation on science, technology, innovation and education. On Education, Mr Katainen assumed the commitment of providingContinueContinue reading “Bilateral Relations Brazil – Finland”