Brazil seeks to lure investment with longer and flexible port licences

Brazil may revise public port regulations to lengthen operators’ contracts and encourage improvements, officials said in an interview, in an effort to attract more private investment in infrastructure that is crucial to the country’s powerhouse farm sector. Building on the success of recent airport and power line auctions, President Michel Temer’s government is hoping to add capacity at ports exporting commodities from sugar and coffee to soy at some of the world’s lowest prices. Nasdaq reports. Brazil’s Meirelles eyes veto to tax relief plan Brazilian Finance Minister Henrique Meirelles would recommend a presidential veto to a revised plan allowing reductions in the principal of corporate tax debts after lawmakers introduced unwanted changes to the original proposal, he told O Estado […]

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