Unfair competition worries national fashion sector

fashionUnfair competition from products imported from countries that exploit low-paid labor is one of the concerns of the Brazilian fashion sector. The statement was made by Hildegard Angel, coordinator of the Zuzu Angel Fashion Committee of the Business Council for Culture of the Commercial Association of Rio de Janeiro (ACRJ), speaking to industry leaders at an event held in the capital of Rio.

 

Hildegard Angel opened a seminar promoted by ACRJ, whose purpose was to discuss the problems faced by the national fashion production chain. In 2012, the sector's turnover reached R $ 140 billion, placing Brazil in the eighth position in the world ranking.

Hildegard addressed the role of fashion as a driver of the country's economic development, with emphasis on fashion exports from the state of Rio de Janeiro.

 

She suggested the establishment of policies that defend the national labor and industry and that favor the productive sector and not only the financial sector.

 

For the coordinator, the policy that saves national production is that of the lowest interest rates. In addition, he suggested that the government should be attentive to policies that establish free trade with third countries, without paying taxes, “because all of this brings down Brazilian industry”.
Fashion exports in the state of Rio de Janeiro broke a historical record last year, reaching 15% of the total Brazilian sector foreign sales, with a high average export price.

 

 

Source: RAC Campinas SP 11/10/2014

 

 

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Book Tribute to the Market discusses the imbalance in competition between companies

With this new work, ETCO places at the center of the discussion one of the most important themes for a country's economic development: combating competition imbalances and ensuring an ethical and healthy business environment. With a final text by journalist Oscar Pilagallo, the book is the result of the Seminar on Tax Competition Imbalance and the Brazilian Constitution, which ETCO and the Federal Magistrates School of the First Region provided in Brasília in May this year, with the aim of discussing the article 146-A, which is part of constitutional amendment 42 and provides for special taxation criteria to prevent imbalances in competition between companies.

The event was attended by authorities and experts on the subject, such as: • André Franco Montoro Filho, chief executive of ETCO; • Everardo Maciel, former IRS secretary and ETCO advisor; • Hamilton Dias de Souza, specialist in Tax Law; • Humberto Ávila, specialist in Tax Law; • Luís Eduardo Schoueri, professor of Tax Law at the Faculty of Law of the University of São Paulo; • Luiz Fux, Minister of the Superior Court of Justice (STJ); • Marcílio Marques Moreira, former Minister of Finance and president of the ETCO Advisory Council; • Mariana Tavares de Araújo, secretary of Economic Law; • Otacílio Cartaxo, Federal Revenue Secretary; • Rafael Favetti, executive secretary of the Ministry of Justice; • Tércio Sampaio Ferraz Júnior, professor at the Faculty of Law of the University of São Paulo.