Panel SA: Country fails to meet targets and enters a route of legal uncertainty in the industry, says CNI

The country not only failed to meet goals to improve the business environment, but also deteriorated in the ranking of legal certainty in the industrial sector. This is what the Strategic Map of Industry, drawn up by the National Confederation of Industry (CNI), reveals.

About to launch the goals for the next four years, the entity concluded the balance of the period between 2018 and 2022. According to him, the country fell in the ranking of countries, going from 41st to 51st —the goal was to rise to 34th place.

This index evaluates the stability of laws, in all spheres, and norms of regulatory agencies that affect industry sectors. It serves as a reference when the investor decides where to allocate resources. Safer countries tend to attract preference.

There was stagnation in other indicators related to legal certainty. On measures needed to improve enforcement of standards —it remained at 64th instead of rising to 55th in the country ranking.

The commitment to reduce the number of norms published per year, from 207 thousand to 48 thousand, also went sideways.

Brazil only made progress in improving mechanisms for resolving disputes between companies, rising from 72nd to 45th place.

“There is a growing perception of companies about the worsening of legal uncertainty in Brazil and the negative result in stimulating business”, says Robson Braga de Andrade, president of CNI.

“Any country that aims for growth needs an environment of trust in the fulfillment of its rules. It is up to the State to promote legal stability and also avoid being, itself, an agent of insecurity.”

Julio Wiziack (interim) with Paulo Ricardo Martins and Diego Felix