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If you follow our social media, you already know that International Agreements are guidelines created between countries and global regions to regulate the movement of goods, services, people, capital, intellectual property, among others, as well as mutual cooperation, be it economic, technological, customs, political, environmental, etc.

You have also learned that there are different types of International Agreements, and that in the area of Foreign Trade the ACE's - Economic Complementation Agreements are the most directly used.

But how can your company benefit from an International Agreement (ACE) and thus import and export in a more cost effective way?

First of all, as an entrepreneur or employee of an importing or exporting company, it's important to know about the available (and up-to-date) agreements to ensure that the existing benefits can be used in a purchase or sale negotiation. However, there are other important points that you should take into consideration.

For example, during the international purchase (import) process, you need to consider the possible suppliers of the goods or merchandise to be purchased, checking which countries they belong to and whether any of these countries have International Agreement(s) with Brazil. You also need to check which agreement is most advantageous, i.e. which will bring the greatest financial and/or commercial benefit to your company, comparing country and agreement.

It is worth noting that in the case of imports of goods and merchandise covered by certain International Agreements, there may be a percentage or total reduction in taxes or even exemption (in this case, from Import Tax), remembering that one of the objectives of this type of agreement is to strengthen trade relations between the countries that are members of the agreement.

In the case of exports, during the international sales process (export), you need to pay attention to the same points, but bearing in mind that you are the supplier and can alert your purchasing client to a possible agreement between the countries, highlighting to them a competitive advantage on your part (i.e. by negotiating with you, they may be able to reduce/insist on their costs).

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