Industries and markets

Brazil: eSocial and DCTFWeb replace GFIP, GRF and FGTS starting April 2019

In order to remain compliant with the requirements of the Brazilian Ministry of Finance, the following changes concerning eSocial and DCTFWeb have to be implemented starting April 2019:   eSocial Information concerning the social security

Seven countries have launched the Forum for Progress of South America

“South American countries on Friday launched the Forum for the Progress of South America (Prosur), a new regional bloc which seeks the “integration and strengthening of the region.” Presidents and representatives from Chile, Colombia, Brazil,

Cancún natural gas project seen as potential for economic boost

“A natural gas pipeline project planned for Cancún could provide a boost for the city’s economy, according to a business leader. Rafael Ortega, president of the Cancún chapter of the National Chamber of Commerce (Canaco),

Latam critics of Venezuela’s Maduro meet in Chile; try to launch regional bloc

“South American leaders will meet in Chile this week in hopes of forming a new regional bloc to replace Unasur, which was launched by Venezuela’s late socialist leader Hugo Chavez but has splintered over his

Mexico president talks US investment with Trump son in law

“Mexican President Andres Manuel Lopez Obrador said Wednesday that talks with White House senior adviser Jared Kushner have led to advances toward an agreement that would have the U.S. government guarantee some $10 billion in

Argentine economy contracts further

“Argentina’s economy contracted 2.5% in 2018, the official statistics agency said on Thursday, as the Latin American country’s leaders struggle to revive growth after being rattled by a currency crisis and steep inflation over the

Bolsonaro wants trade to represent 30% of Brazil’s GDP by 2022

“Marcos Troyjo, the government’s foreign trade secretary, said at a seminar in Sao Paulo that Bolsonaro’s government will work ceaselessly to close international trade agreements while also pushing economic reforms through Congress.”

Brazil’s central bank with new chief leaves rates unchanged

“Brazil’s interest rates remained unchanged on Wednesday after the central bank held its first monetary policy meeting under its new chief Roberto Campos Neto. The central bank’s unanimous decision — only the second since pro-business

Brazil and Sweden sign Changelog for Double Taxation Treaty

On March 19th, 2019, Brazil and Sweden signed a changelog for the double taxation treaty the two countries signed in 1975. The goal of the changelog is to promote mutually productive investment flows and strengthen

Brazil’s Guedes Says Country will Trade with Both U.S. and China

“Brazil is seeking economic partnerships with US businesses and opening its market to foreign investments said Brazilian Economy Minister, Paulo Guedes at a conference at the US Chamber of Commerce in Washington on Monday. Minister