Brazil Starts Year by Burning 130,000 Pirated DVDs and CDs

Around 130,000 counterfeit products, CDs and DVDs, were destroyed by municipal urban control agents today in Rio de Janeiro, Brazil. The products were confiscated from the city’s street vendors in operations conducted last year by municipal inspectors.

According to municipal government secretary João Pedro Figueira, the illicit trade is detrimental to the country in numerous ways.

"Unregulated commerce needs to be combated. Informality is bad for Rio and for Brazil nowadays, since it wipes out many formal jobs," he remarked.

Municipal government data indicate that informal industry currently compromises 18,000 formal jobs in Rio de Janeiro.

Besides destroying the counterfeit items, the municipal government plans to donate the material used in the CD and DVD covers to the non-governmental organization, Social Work, which serves over 200 needy communities in the municipality. The institution will sell the plastic and paper to recycling cooperatives.

A study released by the Brazilian Public Opinion and Statistics Institute (IBOPE) in 2005 on consumer habits on the informal market suggests that Brazil is deprived of US$ 5.1 billion in taxes annually as a result of the piracy that prevails in three sectors: clothing, tennis sneakers, and toys.

According to the study, this amount would be sufficient to cover 26% of the Brazilian Social Security debt. A simulation of the impact of the informal market in toys, clothing, and tennis sneakers shows that the three sectors do around US$ 13.6 billion in business annually.

The counterfeit CD sector, according to the study, leads the rankings of items produced and purchased in greatest quantity on the informal market, 70% and 67%, respectively.

Agência Brasil

Tags:

You May Also Like

Brazil Wants Less Red Tape and More Effective International Help to Haiti

Haiti is in need of a new form of international cooperation, with a focus ...

76% of New Industrial Jobs in Brazil Are in the Interior

Industrial employment is moving to the interior of Brazil. In the last five years, ...

Brazil Wants Its Own Atlantic-Pacific Road from Sea to Shining Sea

The presidents of Brazil, Bolivia and Chile want to step up plans to build a ...

Nothing Will Change, Says New Brazilian Finance Czar

Brazil’s new Finance Minister Guido Mantega said that the government’s conservative economic policies will ...

Palestine Wants to Learn More from Brazil on Energy and Soccer

Palestinian National Authority's new ambassador to Brazil, Ibrahim Alzeben, who was inaugurated in July, ...

Brazilian Food Giant Sadia Beefs Up Old Plant with US$ 79 Million Investment

Sadia's old plant in Toledo, in the southern Brazilian state of Paraná, which received ...

Brazil Finds New Huge Oilfield, Possibly World’s Third Largest

Brazil keeps finding huge new oil fields. The director general of Brazil's National Petroleum, ...

Brazil Expecting Half-Percentage Cut in Key Interest Rate

The Brazilian Central Bank’s Monetary Policy Council (Copom) begins its first meeting of 2006 ...

Brazil: Starving at Home to Fatten Speculators

The Brazilian economy continues to be the cave of Ali Baba transformed into a ...

Brazil’s Oscar Hopeful: “Cinema, Aspirins and Vultures”

The Brazilian pick that will run for one slot among the five Oscar nominees ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`