MINISTER JIM CARR DISCUSS BRAZIL AS A BUSINESS OPPORTUNITY FOR CANADA

Category: News, Press-release

Canadian Minister of International Trade Diversification and Executive Director of the World Bank Group confirm presence at seminar organized by Brazil-Canada Chamber of Commerce (BCCC)

TORONTO, September 19th, 2018 – The Brazilian market represents a strategic business opportunity for Canada in a moment of global trade tension. On October 4th, the Honorable Minister of International Trade Diversification, Jim Carr, will join the 12th edition of Doing Business in Brazil Seminar, a traditional event in Toronto promoted by the Brazil-Canada Chamber of Commerce (BCCC). The seminar will have panelists such as the Executive Director of the World Bank Group, Otaviano Canuto, and Almas Jiwani, President Emeritus UN Women Canada National Committee & CEO of Almas Jiwani Foundation, along with Canadian companies experienced at investing in Brazil.

The South American country is the broader economy of Mercosur, a trading bloc that on March 9th, 2018, launched with Canada negotiations towards a comprehensive Free Trade Agreement (FTA). According to the Canadian government, the Canada-Mercosur ongoing talks could potentially reduce, for instance, the tariffs of up to 35% that are currently applied by Mercosur to Canadian forestry, automotive, and chemical-plastic products.

In 2017, Canada and Mercosur exchanged $ 8.9 billion in trade. The trading bloc that comprises Brazil, Argentina, Paraguay, and Uruguay has a combined population of 260 million – 207 million are Brazilian. The country has an estimated middle-class of 52 million people.

Besides the potential of the Canada-Mercosur FTA, the Doing Business in Brazil 2018 will discuss the upcoming Brazilian Presidential elections and its meaning for the economic forecast effects, the Canadian Perspective on trade and investments in Brazil, enhancing global trade through women’s economic empowerment, and strategies & practical steps to enter the Brazilian market.

When: October 4th, 2018 | 12:45 pm – 5:30 pm

Where: Goodmans LLP – 333 Bay Street, suite 3400 | Toronto, Ontario

About BCCC

Established in 1973, Brazil-Canada Chamber of Commerce (BCCC) is a not-for-profit and independent business association held by the private sector with a primary objective of fostering stronger commercial relations between Brazil and Canada.

Led by a volunteer Board of Directors, President and Vice-President, comprised of renowned industry leaders and experts in conducting business between Brazil and Canada, BCCC plays a vital role in linking players from Brazilian and Canadian private and government sectors facilitating dialogue between both parties and assisting members in identifying key opportunities to expand their activities and further their business interests.

For more information, please contact:
Carolina Albernaz
Director, Business Development & Operations
(416) 646 6770 | (416) 722 1243 | calbernaz@brazcanchamber.org | info@brazcanchamber.org
www.brazcanchamber.org