Brazil and China signed several bilateral agreements on October 25th. One of them aims to bring more agility and predictability to exporters and importers in bilateral trade and reduce the costs associated with customs procedures and storage for companies recognized as Authorized Economic Operators (AEO), resulting in increased competitiveness for these companies in international trade.

This agreement comes at an opportune time, considering that China is Brazil’s largest trading partner.

*Represented by the Brazilian Federal Revenue (RFB)

**Authorized Economic Operator Program

For more details, please visit: [link to the source]

Source: Planalto News and Brazilian Federal Revenue

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