Brazilian footwear leaders voice their support for Lula
Brazil’s footwear industry leaders have broadly welcomed the election of Luiz Inácio Lula da Silva (Lula) as the country’s new President, believing his emphasis on exports are good for the long term future of the business.
Commenting on the appointment, Élcio Jacometti, president of Abicalçados – Brazilian Association of Footwear Manufacturers said that the fiscal reform promised by Lula was especially welcome in that it would likely reduce the tax burden on exported goods, increasing their competitiveness in the international marketplace. Eduardo Kunst, president of Assintecal – Brazilian Association of Manufacturers of Components for the Leather and Footwear Industry was equally upbeat, saying that he had the industry's full support and that expectations of the country’s participation in the FTAA were running high.
