This was the first operation in euros in ten years. The interest rate is the lowest ever paid by the institution.
Author: Agência Brasil
The Integrated Foreign Trade System will have a website and simplified procedures.
The daily average of extraction was 2.078 million barrels, growth of 6% over the same period last year. Production of gas, in turn, had the second best performance in history.
According to a study by the Ministry of Labour and Employment, official job generation in Brazil was record in August. Some 299,415 new work posts were opened.
The Foreign Trade Board has reduced the tax on 166 items to 2%. The rate used to range from 14% to 18%.
A total of US$ 500 million were sold on the European and North American markets, and US$ 50 million on the Asian market. Investors will have annual rates of return of 5.202%.
The country accounted for 60% of research and development investment among Latin American and Caribbean countries. It is also the region’s only nation to allocate over 1% of its GDP to innovation.
A decision of the Foreign Trade Board has lifted the tax from October this year until May 2011, for up to 250,000 tonnes of the product.
In the second week of September, exports totalled US$ 3.09 billion against US$ 2.93 billion in imports.
The bank estimates that the figure should be disbursed this year. If confirmed, the total will be 48% greater than in 2009. The institution accounts for 52% of real estate financing in Brazil.
The country picked 149 million tonnes of grain in the 2009/2010 crop. The figure is the largest in history, exceeding the 144.1 million tonnes in the 2007/2008 crop.
The president stated that the country should continue investing in production and technology. He also highlighted Brazilian victories in agricultural issues at the World Trade Organization.
The amount will be allocated to states and municipalities, and will be distributed in monthly instalments until the end of the year.
A study by the Unctad places Brazil in the third position among the countries considered priority for investment from 2010 to 2012, only behind China and India. The USA is in fourth.
