News

• Brazil levels playing field for foreign companies in government contract market

  The Brazilian government aims to open its USD 18 billion public procurement market to foreign bidders. Although Brazilian current legislation allows foreign companies to bid on public tenders at all government levels, there are still some restrictions that make it difficult in some cases.With this move, many foreign companies might get interested in reaching this huge market, and the advice of a Brazilian law firm is essential to get ready to meet the legal requirements.