Brazil’s President sanctioned, with vetoes, the stimulus program BR do Mar aimed to foster foreign investments and boost competition in the domestic coastal navigation market New regulatory framework Sanctioning Following approval, with some amendments, by the Federal Senate, on 7 January 2022, President Jair Bolsonaro sanctioned, with vetoes, Law 14,301/2022, which introduces the Cabotage Transport Stimulus Program, termed by the Executive as “BR do Mar” (roughly translating as ‘federal highway of the sea’). Law 14,301/2022 also brought significant changes to … Continue reading ‘BR do Mar’ cabotage framework sanctioned