The Brexit Saga Is About To Become Real According to Flavio Maluf

When the British cast their vote to leave the European Union, the world went into shock. The European Union is the economic pillar of Europe and the governing body of 28 countries according to Leaving the EU behind is like Texas leaving the United States. The economic and investment consequences of such a move could cripple the United Kingdom, according to some economists. But all the fear-based comments didn’t bother the Brits. They are tired of financially supporting Greece, Spain, and other members of the EU. Britain wants the freedom to make its own decisions about trade, immigration, finance, and investments. According to Flavio Maluf, the Brazilian businessman, the U.K. reached out to Brazil, and he wants to form a bilateral trade agreement in the near future. A bilateral trade agreement between Brazil and the U.K. would be a win for both countries. Brazil needs to export more from Britain, but it also needs to import more from the U.K. Flavio Maluf knows a trade agreement with Britain won’t happen overnight, but he is confident that his company, Eucatex, will benefit from a trade agreement with the U.K.

Eucatex is one of Brazil’s foremost exporters. The company has four modern and environmentally friendly factories in the state of Sao Paulo. Eucatex factories produce paint, varnish, ceiling tiles, floorboards and other building materials for domestic and international customers. Eucatex was founded in 1953 by Flavio’s grandfather. Flavio Maluf joined the company in 1987, and he became president in 1997. Maluf reputation as an avid environmentalist and free trade proponent helps him in Brazil. Brazil’s new president, Michel Temer, is a free trade advocate, and he is working with the U.K., so a bilateral trade agreement on can become a reality between his country and Britain once Article 50 is law.

Eucatex does business with several EU member countries, but Maluf wants to do more business in Europe at Even though the construction business is soft in the U.K., Maluf thinks British consumers could use Eucatex brands if they are on the shelves of more British home improvement stores. Eucatex has a strong presence in U.S. home improvement stores.

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