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The Brazilian government has today requested compensation for safeguards on steel imports imposed by the European Union early this month.

At the same time, the Brazilian government has notified the WTO that it may adopt, pursuant to the Safeguards Agreement, measures to rebalance its trade with the European Union, given the impact of safeguards measures applied to the steel sector.

The Brazilian government remains open for dialogue with the European Union, so as to seek the best way to address those issues. It also reiterates its willingness to continue with its efforts to protect the interests of Brazilian producers and exporters.

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