In a bid to encourage the export of higher added value leather goods, the Brazilian government has said it will underwrite the financing of certain types of high value hides.

According to Augusto Sampaio Coelho, president of CICB - Centre for the Brazilian Tanning Industry - the concept is aimed at ‘ironing out’ the peaks and troughs seen in Brazilian leather prices in recent years – fluctuations that have done so much to discourage tanners from taking a longer term view by exporting their output as finished items.

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