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Brazil is a growing global player in the international market. Its GNP has a projected growth of 5% or more for this year, and the equipments and machinery industry is one of the fastest growing sectors of the economy. With a strong economy, the exchange rate has been favorable to imports and to the industry re-equipment, which is a key factor in establishing higher productivity rates that are necessary to compete in a global market dominated by its other BRIC counterparts: China and India.