Businesses thinking of importing, exporting or doing business in Brazil have an excellent chance to learn more about the South American giant in an upcoming forum.
The Burlington Economic Development Corporation will present, An Export Forum: Being Successful in Brazil on Thursday, Feb. 9 for those considering doing business in Brazil.
Brazil boasts the world’s seventh largest economy, with GDP of US$2.2 trillion in 2010. And, unlike most major economies, Brazil is expanding quickly; GDP growth topped 7% in 2010. That dynamism is driven largely by youthful demographics. Just 6.7% of Brazil’s 193 million citizens are older than 65. The country’s middle class also is growing rapidly, driving up demand in a range of sectors, from household goods to automobiles.
The country known for its love of soccer and samba also is growing enamoured with foreign suppliers. Growth has simply outstripped the ability of domestic firms to find talent and ramp up production quickly enough to deliver the products and services Brazilians want. “Brazil has the potential to produce almost everything, but it needs more of everything to maintain growth,” according to jean Cardyn, Export Development Canada’s regional vice-president for South America.
For just $20, participants can learn from experts at the Brazil Chamber of Commerce, the Canadian Association of Importers and Exporters, KPMG and Export Development Canada on: keys to success for entering the Brazil market, global customs compliance, tax considerations and risk mitigation and financing.
The event takes place from 7:30-9:30 a.m. at the Holiday Inn Burlington Hotel and Conference Centre, 3063 South Service Rd. A light breakfast will be served.
To register, call the BEDC at 905-332-5352.