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Economy / Brazil

Charts Of The Day: Port Expansion And Oil Potential

January 2012 | Risk Summary

We believe the Port of Santos' plan to double its capacity by 2013 should provide a much-needed boost to the country's trade capacity. However, while we have long maintained the view that Santos, which handles more than one quarter of the country's shipments, must increase its capacity in order to handle increasing trade volumes, our Freight Transport team also cautions that any increase in the port's capacity will serve to highlight the inadequacies in the country's road and rail links.

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