Video transcript

?? ATENÇÃO EXPORTADORES GAÚCHOS ??

14 statements · 1 politicians · August 14, 2025 · 2 min

Statements by Eduardo Leite. 14 transcribed statements, with topic and stance on the ones the analysis classified.

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14 statements

Full transcript of the video. Statements the analysis classified carry topic and stance.

  1. Eduardo Leite
    Important message for our exporters from Rio Grande do Sul: the State government is announcing today another support measure to help companies affected by the 50% increase in United States tariffs on Brazilian products.
  2. Eduardo Leite
    We're going to release nearly R$400 million in ICMS credits to companies that sell to the American market and that depend heavily on those exports.
  3. Eduardo Leite
    To explain it a bit better, in a simpler way, imagine a shoe factory that exports to the United States.
  4. Eduardo Leite
    When it buys leather, soles, glue or the machines to produce, the ICMS it paid on those purchases becomes a credit.
  5. Eduardo Leite
    It's like a balance that it can use later to offset the taxes it has to pay.
  6. Eduardo Leite
    But when it sells abroad, it doesn't pay ICMS, so that balance accumulates and sits idle.
  7. Eduardo Leite
    What we are releasing now is the possibility for that company to transfer that credit to another business that has taxes to pay.
  8. Eduardo Leite
    The company that receives the credit pays for it.
  9. Eduardo Leite
    And then our shoe factory, in the example I just gave, turns that idle balance into cash, into its coffers, so it can have breathing room and continue producing, guaranteeing the jobs, which is our focus.
  10. Eduardo Leite
    It will be nearly 200 companies that will be able to benefit from this operation, because they are those companies that have most, or a substantial part, of their revenue tied to exports to the United States.
  11. Eduardo Leite
    So it's a program focused on those companies that will be most affected.
  12. Eduardo Leite
    by this measure of the American government.
  13. Eduardo Leite
    This action adds to a special line we have already announced of R$100 million in credit through BRDE, which was announced in July, with interest subsidized by the State and terms of up to 60 months to repay.
  14. Eduardo Leite
    And we will continue doing everything, absolutely everything that is within our reach, to support exporters from Rio Grande do Sul at this challenging moment and, above all, to ensure the maintenance of economic activities and jobs here in Rio Grande do Sul.
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