Main menu

Brasilia 2017 video: Panel on Doing Business in Brazil – Challenges and Opportunities across Sectors

Tuesday, March 21, 2017


  • Enrique Ostalé, President and CEO, Walmart Latin America, India, and Africa
  • Hugo Villegas, President, Latin America, Medtronic
  • Alexei Remizov, Managing Director & Co-Head of Debt Capital Markets Latin America, HSBC Securities
  • Brian Winter, Vice President, Americas Society/Council of the Americas; Editor-in-Chief, Americas Quarterly (moderator)

The first panel of the Latin American Cities Conference in Brasilia explored the potential and risks for business in Brazil, with a focus on the health, finance, and retail sectors. Questions from AS/COA’s Brian Winter covered  the “Brazil cost,” inclusive economic growth, and business opportunities. Medtronic’s Hugo Villegas said that optimizing health services is one priority. HSBC’s Alexei Remizov noted that it will be positive to see the outcome of current economic policy shifts but that it is crucial for those changes to carry over from one presidency to the next. Looking to India for an example of a country that successfully accomplished tax reform, Walmart’s Enrique Ostalé talked about the troubles associated with Brazil’s tax system.