Cabotage regulation may boost industry in Rio Grande do Norte
The regulation of the Cabotage Legal Framework is expected to lower logistics costs and boost the industry in Rio Grande do Norte, Brazil, according to industry leaders. This could attract investments and improve competitiveness. The new regulations, signed on Wednesday, aim to expand cabotage, or coastal shipping, and reduce logistics costs. The Port of Natal, however, needs improvements to fully benefit from the changes. The state's industrial federation highlights the importance of legal certainty and the potential for growth, given the region's coastline and naval technology cluster. The government is also working on port infrastructure projects.