No menu items!

Brazilian Manaus Free Trade Zone is not very efficient, says World Bank

By Paulo Silva Pinto

The World Bank published on Tuesday evening (9) the study "Delicate Balance for the Brazilian Legal Amazon", with proposals to increase the region's economy and reduce the pressures that lead to deforestation.

The study says it is necessary to increase the region's productivity to reduce the pressure for deforestation.

The Manaus Free Trade Zone, which maintains industry in the region through tax incentives, is cited as an example of inefficient action to boost the region's economy.

"Tax incentives to industrial activities in the Legal Amazon have not helped stimulate productivity growth and should . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content