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IfM Publications SMEs now play a larger role in trade and FDI relations between Germany and Brazil

Using new statistical data sources, this policy brief highlights a considerable and growing importance of German SMEs for the trade and FDI relations between Brazil and Germany. Although trade volumes and the numbers of involved SMEs have increased, there is still room to develop business opportunities further. Par-ticularly effective are the reduction of tariff and non-tariff trade barriers, e.g., the implementation of free trade agreements and an increased co-operation between trade promotion agencies in both countries.