B E N E F I T S O F T H E T F A I M P L E M E N T A T I O N T H - - PowerPoint PPT Presentation

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B E N E F I T S O F T H E T F A I M P L E M E N T A T I O N T H - - PowerPoint PPT Presentation

Aug 16, 2022 332 likes •491 views

B E N E F I T S O F T H E T F A I M P L E M E N T A T I O N T H E B R A Z I L I A N P R I V A T E S E C T O R P E R S P E C T I V E WE ARE THE WORLD BUSINESS ORGANIZATION. G E N E R A L B E N E F I T S Transparency, certainty,

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SLIDE 1

B E N E F I T S O F T H E T F A I M P L E M E N T A T I O N

T H E B R A Z I L I A N P R I V A T E S E C T O R P E R S P E C T I V E

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SLIDE 2

WE ARE THE WORLD BUSINESS ORGANIZATION.

G E N E R A L B E N E F I T S

  • Transparency, certainty, coordination, efficiency, technology
  • Streamlining formalities (before automating them)
  • Process standardization
  • Reducing bureaucracy and costs
  • Reducing time to clear goods
  • Increased trade flows and GDP
  • FDI attraction
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SLIDE 3

WE ARE THE WORLD BUSINESS ORGANIZATION.

R O L E O F T H E P R I V A T E S E C T O R

PUSHING REFORMS

  • Public-private dialogue
  • Impact studies
  • Mapping of processes
  • Support of the TFA negotiations

MONITORING THE TFA IMPLEMENTATION

  • Public-private dialogue (National Trade Facilitation Committee)
  • Updated reports
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SLIDE 4

WE ARE THE WORLD BUSINESS ORGANIZATION.

R O L E O F T H E P R I V A T E S E C T O R

F A C I L I T Ô M E T R O C N I

Appeal or review procedures Food and Beverage Inspection Perishable goods Use of Customs Brokers Documentation Requirements Acceptance

  • f Copies

Use of International Standards Pre-shipment Inspection

Implemented

Electronic Payment Pre-arrival Processing Post-Clearance Audit Source: CNI

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SLIDE 5

WE ARE THE WORLD BUSINESS ORGANIZATION.

R O L E O F T H E P R I V A T E S E C T O R

F A C I L I T Ô M E T R O C N I

Customs Cooperation Temporary Admission Risk Management Single Window Authorised Economic Operator National Trade Facilitation Committee (CONFAC)

In Progress

Source: CNI

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SLIDE 6

WE ARE THE WORLD BUSINESS ORGANIZATION.

R O L E O F T H E P R I V A T E S E C T O R

Motors | Automation | Energy | Transmission & Distribution | Coatings

F A C I L I T Ô M E T R O C N I

Advertising and availability of information Consultations Border Agency Cooperation Movement of Goods Intended for Import Under Customs Control Movement of Goods Intended for Import Under Customs Control Rejected Goods

Under Adjustment

Source: CNI Publication of Average Release Times Freedom

  • f transit
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SLIDE 7

WE ARE THE WORLD BUSINESS ORGANIZATION.

R O L E O F T H E P R I V A T E S E C T O R

Motors | Automation | Energy | Transmission & Distribution | Coatings

F A C I L I T Ô M E T R O C N I

Disciplines on fees and charges with importation, exportation and penalties Advance ruling Advance ruling

  • f origin of the

good Pre-shipment processing Expedited Shipments

Stopped

Source: CNI

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SLIDE 8

WE ARE THE WORLD BUSINESS ORGANIZATION.

S I N G L E W I N D O W ( P O R T A L Ú N I C O D E C O M É R C I O E X T E R I O R )

  • Most important initiative for implementing the TFA
  • Implementation of at least 30% of the TFA obligations
  • Reformulation of processes
  • Goals: reducing the average time to export by 38% (13 to 8 days) and the

average time to import by 41% (17 to 10 days)

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SLIDE 9

WE ARE THE WORLD BUSINESS ORGANIZATION.

S I N G L E W I N D O W ( P O R T A L Ú N I C O D E C O M É R C I O E X T E R I O R )

  • Single electronic site for documents
  • Fully computerized procedures
  • Harmonized data among documents
  • Shared historical databases with government bodies
  • Shared information among operators and government bodies
  • Use of electronic signatures
  • Integration with “Nota Fiscal Eletrônica”
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SLIDE 10

WE ARE THE WORLD BUSINESS ORGANIZATION. 353 372 466 527 628 800 1,066 1,282 1,694 2,204 2,515 3,099 3.749 4.502 4.211 4.392 5.189 6.174 6.828 7.840 9.760 9.367 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

W E G N E T I N C O M E

C O N T I N U O U S A N D C O N S I S T E N T G R O W T H

[VALOR]% [VALOR]% [VALOR]%

Produced and sold in Brazil Produced in Brazil and Exported

57%

INTERNATIONALIZATION

  • Net Operating Revenue - 2016

Volume of Assets

  • 72,3% Brazil
  • 27,7% Overseas

(R$ Millions)

Total: 29.659 Employees* 68% Brazil (20.067) 32% Overseas (9.592)

* Data from October 31st, 2017

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SLIDE 11

WE ARE THE WORLD BUSINESS ORGANIZATION.

H O W W E G ' S O P E R A T I O N S A R E D I V I D E D

B U S I N E S S U N I T S

Motors Automation Energy Transmission & Distribution Coatings

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SLIDE 12

WE ARE THE WORLD BUSINESS ORGANIZATION.

P L A N T S A N D B R A N C H E S

(*) Jaraguá do Sul (SC); Guaramirim (SC); Blumenau (SC); Itajaí (SC); Joaçaba (SC); São José (SC); Gravataí (RS); São Bernardo do Campo (SP); Mauá (SP); Monte Alto (SP); Linhares (ES); Manaus (AM). COMMERCIAL BRANCH FACTORY

Brazil(*) Argentina Colombia Portugal China India South Africa USA Austria Germany Mexico Spain

Argentina Chile Colombia Mexico USA Portugal Austria United Kingdom Germany United Arab Emirates Russia India Malaysia Singapore China Japan Australia Ghana South Africa Venezuela Peru Ecuador Italy Spain France Belgium Netherlands Sweden

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SLIDE 13

WE ARE THE WORLD BUSINESS ORGANIZATION.

P R A C T I C A L I M P A C T S

WEG - Export Operations in 2016

Estimated impacts with Single Window

  • Reducing around 40% of export procedures

E X P O R T S

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SLIDE 14

WE ARE THE WORLD BUSINESS ORGANIZATION.

P R A C T I C A L I M P A C T S

  • Usage of Drawback: 30% of WEG total imports
  • Around 8,000 materials imported through

Drawback

  • 360 different NCM/HS
  • WEG is the Pilot Company for adding Drawback

into the Brazilian Single Window System

I M P O R T S

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SLIDE 15

DANIEL MARTELETO GODINHO

President, Comission for Trade and Investment Policies ICC Brasil Diretor, WEG dgodinho@weg.net