8 DECEMBER2024Ministry of Development, Industry, Trade, and Services has published a new report that reveals only 14percent of exporting companies in Brazil in the year 2023, has females as majority amongst their partners. This figured has been termed as `far too low' by the business director of ApexBrasil Ana Paula Repezza.As per the data from the report, the disparities in trade underscores that companies with majority of female ownership face higher international tariffs comparatively to the companies with male ownership. Additionally, female-owned businesses claim 6.4percent tariffs as compared to 5.1percent of business that are owned by males."All companies that start exporting create more jobs, pay better wages, and become more resilient thanks to market diversification. But when women increase their income, they tend to reinvest more in their businesses, families, and communities. This is a powerful equation that gives rise to virtuous cycles at the company, community, and national levels. The more exporting companies there are, the stronger the country's economy becomes. All the women-led companies we've worked with at ApexBrasil incorporate sustainable practices. It's an innate concern for women entrepreneurs", said Ana Paula. Future Generation group has recently launched the Future Generation Women investment trust, intending to achieve gender equality along with economic prosperity for Australian women as well as their children.Since gender inequality is a big issue worth $128 billion for Australia, Nicola Forrest alongside an army of women with high-profile, top stock-picking, have come up with a groundbreaking all-woman investment fund for tackling it.The fund shall get $100 million in seeding from Minderoo Foundation. The foundation was founded by Ms Forrest and Andrew `Twiggy' Forrest (her ex-husband). She is a philanthropic arm who founded the firm to offer an "important spotlight on women and their potential in Australia".She stated, "Every year, gender inequality continues to cost Australia $128 billion. To truly shift the dial and overcome the outdated norms that hold our entire country back, we need change-makers that are ready to speak up, act and embrace collaboration"."The expertise of our all-women investment team is at the core of our mission, which is to prove that when women are in charge of their financial destiny, we all rise together," says the Future Generation Women advisory member Elana Rubin. These funds shall empower Australian women to some extent. IN FOCUSBRAZIL NEEDS TO INCLUDE MORE WOMEN IN FOREIGN TRADE, SAYS REPORTFUTURE GENERATION GROUP LAUNCHES TRUST TO IMPROVE GENDER EQUALITY IN AUSTRALIA
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