Despite the bottlenecks, sector foreign sales grew US$ 800 million in 2007, to US$ 1.4 billion last year, according to an A.T. Kearney study.
Author: Agência Brasil
Brasília – The Brazilian current transactions deficit (all of the operations with foreign countries) reached US$ 1.645 billion in March this year, a lower figure than the US$ 4.343 billion recorded in the same period of 2008. The negative result was higher than the figure forecasted by the Central Bank of Brazil for last month,
Rio de Janeiro – The Business Plan of the Brazilian state-owned oil company for the 2009-2013 period earmarks initial investment of 70 billion reals (US$ 31.3 billion) for developing blocs in its concession in the pre-salt layer. The investment, according to the company, is going to result in “unparalleled development of the heavy industry and
The information was supplied by Agriculture minister Reinhold Stephanes, who pointed out that the country has sufficient, but not yet explored reserves. Imports answer to 73% of domestic consumption.
In the third week of April, Brazil exported the equivalent of US$ 2.756 billion and imported US$ 2.428 billion. Thus far this month, the trade surplus is US$ 1.665 billion.
The opinion was expressed by the new president of the American Chamber of Commerce in Rio de Janeiro, Robson Barreto, who assumed the position last Friday.
Last Friday, the Brazilian state-owned oil company Petrobras and the National Institute of Metrology, Standardization and Industrial Quality presented the first vehicles to receive the label.
The president of the Brazilian chapter of the Business Council of Latin America, Marcus Vinicius Pratini de Moraes, stated that foreign trade is a tool for beating the crisis.
Brasília – The president of Brazil, Luiz Inácio Lula da Silva, spoke on the telephone today (16) with the president of the United States, Barack Obama, to define the stances that they are going to bring up for discussion at the 5th Summit of the Americas, due April 17th until 19th, in Trinidad Tobago. The
Brasília – The Brazilian minister of Agriculture, Reinhold Stephanes, said today (16) that the conditions governing a line of credit of 10 billion Brazilian reals (US$ 4.5 billion) to support the agroindustry are going to be defined in a meeting scheduled to take place tomorrow (17), with the participation of president Luiz Inácio Lula da
The measures are defended by the Brazilian Foreign Trade Association, which plans to include them in an action plan against the crisis to be presented today in São Paulo and Rio de Janeiro.
Brasília – Dollar inflow and outflow (exchange flow) in Brazil is running a surplus of US$ 287 million in the first seven business days of the current month, according to a bulletin issued today (15th) by the Central Bank of Brazil (BC). Thus, last week saw significant recovery, mainly due to the rise in trade
The matter was discussed today by the Brazilian president, Luiz Inácio Lula da Silva, and his Colombian counterpart, Álvaro Uribe, during a meeting in the city of Rio de Janeiro.
The light oil discovery is in Santos Basin and is at a depth of 2,140 metres of water at a distance of 340 kilometres from the shore of São Paulo. It is explored by Petrobras, BG Group and Repsol.
