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Economy discloses tools to support foreign trade agents

Investments

Meetings in SP and Rio will address the functioning and access to OCDE Ombudsman and National Contact Point systems

The Secretariat of Foreign Trade and International Affairs of the Ministry of Economy (SECINT) will hold a series of presentations in São Paulo and Rio de Janeiro next week to explain the functioning and ways of accessing the Direct Investment Ombudsman systems ( OID)  and the National Contact Point (NCP) of the Organization for Economic Co-operation and Development (OECD) Guidelines for Responsible Business Conduct of Multinational Enterprises, launched in April this year.

The action, promoted by the Executive Secretariat of the Secint Foreign Chamber of Commerce (Camex), together with the World Bank - which will participate in the events - will be aimed at entrepreneurs, government technicians who have direct contact with investors, trade unions, NGOs , consultants, law firms and other representatives of civil society. In São Paulo, the Camex team will also be accompanied by the executive secretary of the United Nations Global Compact, Carlo Pereira.

Favorable environment 

Undersecretary for Foreign Investments of the Executive Secretariat of Camex, Renato Baumann, notes that this work is in line with the government's policy of creating a more business-friendly environment, with commercial opening and facilitating through bureaucratic reduction, offering foreign investors country and Brazilian companies that want to invest abroad an agile channel of access to information, both of a general nature and to solve specific questions of each company.

"At the same time, the country is giving more explicit importance to the fulfillment of social responsibility by companies, through the PCN. This simultaneity of signals to the economic agents has no precedent here," he says.

He points out that the two mechanisms also serve as "sensors of the needs of economic agents", since the activities developed in the OID and PCN will be informed to the National Investment Committee (CONINV) in order to define policies for foreign investment in Brazil. "Some issues may constitute policy measures, new legislation or changes in administrative practices," he says.

Baumann points out that the disclosure begins with the capitals of the two states, which absorb about 40% of foreign investments. Actions are also planned this year in other capitals. "We are hitting the World Bank with presentations in September in nine other capitals in the different regions of Brazil. Next year, we may do this exercise in other countries, "he anticipates.