Digital Trade Review of Brazil
This Digital Trade Review of Brazil provides an overview of Brazil’s participation in digital trade and the related regulatory environment. It provides insights into how Brazil might ensure that the new challenges raised by the digital transformation for trade can be managed and the benefits shared more inclusively. While Brazil has embraced the digital transformation and has strong potential to benefit from digital trade, it will need to continue the ongoing process of regulatory reform. This includes reducing tariff and non-tariff barriers to trade on ICT goods; reducing regulatory barriers to ICT services; increasing engagement in international discussions on digital trade; and continuing efforts to bridge digital divides.
Executive summary
The digital transformation is affecting all parts of the economy, fundamentally changing the way countries, businesses and people trade. This is largely driven by the considerable reduction in the costs of engaging in international trade enabled by digitalisation which has given consumers, and firms of all sizes, new opportunities to benefit from trade. However, in this new and evolving environment, new approaches to market openness are needed to help ensure that the benefits from the digital transformation for trade can be reaped and shared more inclusively. This is especially the case in the context of accelerating digitalisation as a result of the COVID-19 pandemic.
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