{
  "id": 16646051,
  "title": "Brazil’s footwear sector bets on Mercosur-EU deal",
  "url": "https://urgent.news/2026/10/26/brazils-footwear-sector-bets-on-mercosur-eu-deal",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-26T18:55:19.000Z",
  "source": {
    "name": "ANBA News Agency",
    "slug": "anba-news-agency",
    "url": "https://anba.com.br/en/brazils-footwear-sector-bets-on-mercosur-eu-deal/"
  },
  "original_language": "en",
  "account": "São Paulo – The Brazilian Footwear Industry Association (Abicalçados) will host the seventh BFShow trade fair in São Paulo, November 10-12, buoyed by reduced import tariffs under the Mercosur-European Union deal. European buyers, especially from Germany, are expected to attend. Two UAE-based companies will also be present. The Mercosur-EU agreement, effective since May, has already cut average EU import tariffs on Brazilian footwear from 10.7% to 9.3%, with a further drop to 8.2% planned for January. Abicalçados CEO Haroldo Ferreira revealed that exports to Europe surged 7% in volume and 17.5% in revenue during the trade agreement's first five months, reaching 2.8 million pairs worth USD 29.6 million. One invited foreign buyer is Vishal Sonwane, CEO of Germany's DigiKraft GmbH and UAE's Herzo Kraft, who plans to seek new market opportunities at BFShow. Abicalçados invited 200 importers from 45 countries to the event's buyer program, partnering with ApexBrasil. BFShow anticipates 10,500 attendees, with about 10% foreign.",
  "summary": "In November, Abicalçados will host a trade fair in São Paulo with international buyers. A businessman with facilities in Germany and the UAE will attend to explore business opportunities. The post Brazil’s footwear sector bets on Mercosur-EU deal appeared first on ANBA News Agency .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}