The Brexit Vote Hurt Foreign Investment But The Economy Is Doing Better Than Predicted

When the British voted to leave the European Union in 2016, the world woke up. The global economy on economia.estadao.com.br was in transition mode, and the U.K. is leading the transition. It was no longer business as usual in Europe. Britain is tired of giving other European countries money, so they could spend it foolishly. Brits are tired of foreign workers crossing their borders and taking jobs away from British citizens because they are willing to work for less money at http://www.segs.com.br/seguros/34138-saiba-com-flavio-maluf-como-diminuir-os-custos-tributarios-de-uma-empresa.html. And the U.K. is sick of all the rules and regulations that the EU enforces in order to maintain order. The result of these issues, as well as others, was the 53 percent popular vote to leave the EU. Britain hasn’t left the EU yet, but Prime Minister Theresa May is set to enact Article 50 on March 29, 2017. Once May does that, it will take another two years to make the break final, but some economists say the break will never be final. Britain can’t walk away from all the EU agreements, and the U.K. knows that.

But Britain is ready to form new agreements with other countries, according to Brazilian businessman, Flavio Maluf. Maluf is the CEO of Sao Paulo-based building material manufacturer, Eucatex. Eucatex is one of the largest exporters of building materials in Brazil. Maluf wants to increase his business with the United Kingdom. Eucatex does a huge amount of business with Germany, and Maluf wants Britain to follow suit.

The Flavio Maluf story didn’t start with his comments about the Brexit Vote. Maluf is an American-educated, Brazilian businessman born to run the family business. After spending time in the United States, and going to school at New York University, Maluf returned to Brazil in 1987 and joined Eucatex. Flavio Maluf became president of the company ten years later, and Eucatex has grown under his leadership. Maluf knows the U.K. can stand on its own, and he knows the British economy is doing better than predicted on eleicoesepolitica.com. Flavio is pushing for a bilateral trade agreement between his country and the U.K., and that will happen over the next two years.