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International

Nov. 24, 1999

Incoming Issues

^^International Law^^ Incoming Issues New System Governs Imports Into Brazil These now-effective regulations shorten the time within which importers must close their foreign-currency-exchange operations for import payments.

        By Ana Martha Cunha
        
        Imports into Brazil are subject to government controls from at least three sources: the Secretary of Foreign Trade (SECEX), which supervises registration and licensing; the Central Bank of Brazil, which approves the payments for financed imports; and the country's Internal Revenue Service, which superv...

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