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The final report of the panel that examined the Brazilian tax regimes questioned by the European Union and Japan at the WTO was circulated yesterday, December 20, in Geneva. The document is classified, and will only be made public once it is available in the three official languages of the Organization, in the first quarter of 2017. Brazil will appeal against the decision.

In this process, the Brazilian Government will seek to secure the support necessary for industrial policy, research and development and to ensure a favorable regulatory environment to foster production and attract investment to the country.

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