New measures

THE government has announced a series of measures to revive slumping car sales, but failed to meet market expectations as it included no plans to relax controls over the issuance of new licenses for traditional-fuel cars in major cities.

The National Development and Reform Commission said it is stopping local governments from imposing new restrictions on car purchases and cancelling existing ones that apply to new energy vehicles. The measures, which apply to 2019-2020, include support to encourage car purchases in rural areas.

Brazil 5G network

BRAZILIAN Vice President Hamilton Mourao on Friday told journalists that the government will not exclude Chinese telecom company Huawei Technologies Co. from operating a fifth-generation (5G) mobile telecoms network in Latin America’s largest economy.

Brazilian President Jair Bolsonaro said Brazil has no plans to bar Huawei when it launches its 5G network next year. Mourao told Valor Economico newspaper that there was no distrust of Huawei within the Brazilian Government and Brazil needs the telecom technology it has to offer.