Quote:

db,

my company has a huge presence there and not a lot flows out, cpaital wise. Not sure all the reasons.....but pretty sure a good bit of the profit has to stay in the country.

importing and exporting is not a cut and dried thing. very regulated economy.

I've met a bunch of brasilians over the years....one of them wasn't of german heritage.



By the way I'm not Brazilian; my parents took me to Brazil when I was 8 months old. I regularly go to Brazil to visit my parents. They have celebrated 60 years in Brazil. My dad is 90, and as a pioneer missionary has help establish over 600 churches in Brazil. In fact he is currently working with several foundations to help establish schools through out Brazil. I know how the economy works in Brazil, and for years laws prevented importation/exportation. One example is when Pele was asked to come stateside to help develop soccer. The country made him a national treasury. The US had to negotiate with the government for him to leave. During the initial PC explosion, Brazil wanted to develop their own chips, and were successful, but never allowed newer technology to be brought in to the country. In recent years they have opened up more. They are considered part of the BRIC countries, and are in process of developing digital cities in several metropolitan areas. (A good friend of mine is in charge of this digital city in Brasilia) The purpose of these cities is to help establish companies within Brazil to help support the Latin American countries, and the world AKA India system.

Exportations is highly regulated, but if you know the right people, you can get things through. That is one aspect of the goverment that has not changed.

Last edited by dbsandis; 05/11/08 01:32 AM.