Sadia is one of the world’s leading producers of chilled and frozen foods. Established in Brazil in 194...
Cyrela Brazil Realty is the largest residential real estate developer in Brazil. Considered one of the m...
Today, Banco do Brasil is the largest financial institution in the Country with 24.4 million clients and ...
CPFL Energia is a holding company in Brazilian electricity sector, operating through its subsidiaries in ...
Copersucar S.A. is the largest Brazilian sugar, ethanol and bioenergy company and a significant player in...

Non-imposition by the Government of Turkey of definitive safeguard measures on steel imports

Joint note from the Ministry of Foreign Affairs and Ministry of Economy

The Brazilian Government noted with satisfaction the decision of the Government of Turkey to close the safeguard investigation on steel products without the imposition of definitive measures. 

Through coordinated action between the Ministry of Foreign Affairs and the Ministry of Economy, the Brazilian government has followed all stages of the research conducted by Turkey, always seeking to demonstrate that there are no justifications for the application of safeguards measures in the light of the agreements of the World Organization of Commerce. 

This is an important result for the economic-trade relationship between Brazil and Turkey, since the decision involves a sector of great relevance for both countries. In 2016 and 2017, for example, Brazilian exports of steel products to that country reached an average of 400,000 tons / year.