The Export Financing Program has been expanded to include Brazilian companies with annual revenues of up to US$ 257 million. The previous limit benefited those with revenues up to US$ 128 million.
Author: Agência Brasil
The forecast is for the period between 2009 and 2013. The target is to supply a demand of 135 million cubic meters of gas per day. Part of the funds should be turned to electric energy generation.
According to the sector association, Brazilian carmakers should produce 10,800 vehicles a day in February, against 8,900 in January. Last month there was growth in comparison to December.
In the first week of February, the trade balance result generated a surplus of US$ 471 million. Year to date, the result is still negative, due to a deficit of US$ 518 million in January.
Production reached 186,000 units in Brazil in the month, against 96,600 in December 2008.
This statement was made by the Foreign Relations secretary at the Ministry of Agriculture, Célio Porto, who credits the good result to recovery of agricultural prices and volumes traded.
This is the first negative result in the trade balance since March 2001.
Celso Amorim called, in Davos, for all nations to lobby so that the congressmen of the United States do not approve new protectionist measures.
A report disclosed during the event, which gathers business and political leaders from several countries in Davos, calls for investment of US$ 515 billion a year in clean energy generation until 2030.
The increase was 8%. Brazil is in the third place in the sector ranking in the world, with around 1.6 million vehicles powered by Vehicle Natural Gas.
The imported liquefied natural gas arrived in Brazil in vessels in the liquid form and should be regassified. The gas should be used for production of electric energy in two mills in Ceará.
The country registered record entry of dollars in 2008, growth of 16.8% over 2007. The figures were disclosed yesterday (26) and include official currency exchanges and international card expenses.
The growth over 2007 was 30.3%. In December alone, the volume of funds entering the country reached US$ 8.1 billion. These funds are turned to several different sectors.
The financing by the Brazilian Development Bank in 2008, added to the counterparts by companies, resulted in total investment of US$ 72 billion, guaranteeing generation or maintenance of work posts.
