Brazil joins WTO pact, clearing skies for Embraer
Brazil joined the World Trade Organisation (WTO)’s agreement on trade in civil aircraft on Friday, a move that was celebrated by planemaker Embraer as paving the way for tariff-free imports of components.
The Brazilian government, which applied last year to join the civil aircraft pact, said its entry had been approved by the 33 member countries at a meeting in Geneva. Brazil-based Embraer is the world’s largest planemaker after Boeing and Airbus, and a global leader in segments such as regional and executive aviation. ..
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