RIO DE JANEIRO, BRAZIL - After 7 months of investigation, Peru has backtracked in surcharging textile imports (clothing and bed, table and bath products) from Brazil. The decision was announced yesterday, June 22, by the Ministries of Economy and Foreign Affairs.
In a joint note, the portfolios informed that the safeguard would have a negative impact on Brazilian exports and that Brazil was able to prove, with textile sector entrepreneurs, that national exports do not affect Peruvian producers.
"The Brazilian government took part in all stages of the investigation, in defense of the interests of national exporters. Brazil's positions were . . .
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