Brazil unveils plan to boost exports amid global tensions
News
26/03/2026
Description
The article reports that the Brazilian government announced a 15 billion reais (approximately US$2.87 billion) financing package to strengthen key productive sectors and improve export competitiveness in the face of global pressures, such as international conflicts and US tariffs. The initiative will benefit industries like steel, automotive, pharmaceuticals, and electronics, as well as companies affected by shortages of critical inputs like fertilizers. A new law was also enacted to modernize the official export credit system, aligning it with international standards, expanding support for SMEs, and incorporating incentives for green economy and decarbonization projects, along with greater trade risk coverage.