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RAR MISSION: Provide Assistance to Multinational Companies Who Want to Establish Operations in Brazil
Opportunities in Brazil: - Eighth largest economy in the world
- Highest growth rate of a
democratice country in the world - 2010 = 7.5% vs. US of 2.5% and the only other economy in the top eight with a growth rate
over 1% is China (9.6%) which is not a democracy
- Growth rate projected to be
5% for the next two years as was 2010 - realistic expectations are that it will be higher
- Will
host the World Cup (Sao Paulo) in 2014 and the Olympics (Rio) in 2016 - enhancing the growth potential
- Has a track record of stability and economic advance for the last ten years
- Has a democratic government that elects a president every four years and has just elected a new president
- The new president was a key member of the previous government having been Chief
of Staff from 2005 to 2010 and prior to that the Minister of Mines and Energy for three years
- The new President is very pro-foreign investment
- Brazil's rules
for foreign investment are the most inviting in Latin America and in other parts of the world. They are the least restrictive rules regarding foreign ownership; repatriation of earnings; import and export regulations;
and, the process to form a legal entity and start operations is very accomodating and may be accomplished in a relativley
short time frame
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