3.Further its autonomous liberalization programme, including the elimination of import prohibitions, reductions in the average tariff, removal of non-tariff barriers and committed to tax reform. Although Brazil has liberalised its trading regime from the 1990s, some applied tariff rates were still high and bound rates were considerably higher than applied tariffs which will hamper Brazil's commitment to free trade. The tax changes and reform, including related constitutional measures to facilitate further tax changes. For example the elimination of the state value added tax for primary and semi-manufactured goods should increase the competitiveness of Brazilian exports.
4.Invest in education and training sectors to nurture qualified labor to meet the requirement of growing import& export trade, Although Brazil has a population of 162 million, it lacks of sophisticated and skilled labor to engage in trade activities and industry production. …
