US$ Millions in Brazilian Shoes Barred by Argentina

Argentina put new rules in place for the importation of footwear on September 1st, and the result is more than 620,000 pairs of Brazilian shoes held up at customs on the border.

The Brazilian Footwear Industry Association (Abicalçados) estimates that goods worth US$ 5 million are being held up, not only on the border, but in Buenos Aires warehouses, as well, instead of being shipped to stores.


And on the Brazilian side of the border, thousands and thousands more pairs of shoes, which should have been shipped to Argentina, are stockpilied in factories in Rio Grande do Sul and São Paulo.


Abicalçados is upset because the new rules were implanted abruptly. “This was an unexpected and radical decision. It means we have to request a new license, which can take 60 days.” Before, an export license was a mere formality.


Last year Brazil exported 15.3 million pairs of shoes to Argentina. In the first half of this year the total is 6.5 million.


ABr

Tags:

You May Also Like

Brasil Telecom Gets Half a Million DSL Clients in Brazil

Brasil Telecom S.A. announced that the company ended 2004 with 535,500 customers for its ...

Brazil Hoping to Sign a Mercosur-EU Agreement by 2006

Given the discouraging prospects of the coming trade liberalization negotiations in the framework of ...

Tortured by the Military Former Brazilian Prisoners Want Truth Commission

Former Brazilian radical militants who were tortured during the Brazilian military regime (1964/1985) supported ...

Brazilian Federal Police agent's badge

Brazil Has Two Polices: One Shines, the Other Puts the Country to Shame

On Sunday, May 27, nine people remained from the 48 arrested during Operação Navalha ...

Brasília, Brazil's capital city

Brazil Can’t Wait! It’s Time to Take On the Terrorist Animals

It took some time, but the big player entered the field for the second ...

Why Can’t Brazil Stand Up to Bush?

Brazil’s so-called Shoot Down Law was approved seven years ago by the Brazilian Congress, ...

Brazil Gol’s Air Traffic Jumps 27% in September

According to data just released by Brazilian Airline Gol, in September, that company recorded ...

Losing Patience with Lula

Lula and his advisers have resurrected the old “supply-side” and “trickle-down” arguments pioneered by ...

Brazil’s Imports Grow 51% Bringing a 37% Reduction in Surplus

Exports from Brazil totaled US$ 5.431 billion last week, another one-week record, according to ...

Close to 30% of Brazilian Chicken Exports Go to Middle East

According to figures disclosed May 25 by the Brazilian Poultry Exporters Association (Abef), the ...