Brazil:
The New Brazilian Economic Freedom Act
05 March 2020
Hogan Lovells
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In January 2019, Jair Bolsonaro took office as the new president
of Brazil. The Bolsonaro administration has indicated that changes
to the Brazilian legal framework will be a strategic priority in
the rebuilding of Brazil's economy in the wake of the
system-wide corruption investigations that resulted in the
bankruptcy or near-insolvency of several key Brazilian companies,
particularly in the construction and oil & gas services
sectors. To achieve its desired goals, the Brazilian federal
government is pushing a legislative agenda to improve the business
environment, foster competitiveness and bolster the interest of
foreign investors.
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