Mercosur-European Union Agreement: repercussions in the sector

From ABICALÇADOS they seek more details about the rules of origin. According to Heitor Klein - executive president of the association - European products should have components of local origin, at least 60%. Even so, the Brazilian footwear industry considers the agreement between the two blocks to be positive, especially due to the 17% to 0% decrease in the tax on shoe exports, reported from ABICALÇADOS.