At a talk at the Arab Brazilian Chamber, Eduardo Giannetti said that forecasts for the potential growth of Brazil were excessively optimistic and that the rhythm of growth should remain low in the short run.
Author: Alexandre Rocha
A delegation from Oman should visit institutions in Rio de Janeiro and Salvador. Common points in the history of both countries should be studied and ancient documents by Muslim African slaves should be translated.
Export volume and export revenues were up from January through July. To the Cecafé CEO Guilherme Braga, the region is importing more product directly from Brazil, and less from intermediaries.
According to the IMF, non-oil activities should be up 4.3% this year as a result of the rebound of the construction industry and the steady growth of tourism-oriented sectors.
The country has released a programme providing incentives to private companies with projects in 18 areas. The package includes tax breaks and financing.
Five companies have already confirmed presence at Erbil International Fair, in a pavilion organized by the Arab Brazilian Chamber and the Apex. There is space for more and enrolment is open.
The Fifa should start selling 2014 World Cup tickets on August 20. Prices will range from R$ 30 to R$ 1.980 for Brazilians and from US$ 90 to US$ 990 for foreigners.
The Fund estimates that the economy of the Middle East and North Africa will be up 3% in 2013 and 3.7% in 2014. The rate is down 0.1 percentage point from April.
A delegation of artisans was in São Paulo to advertise their work to importers and storeowners. They are affiliated with a program for small businesses funded by the United States.
Sabri Bachtobji has an agenda that includes meetings to foster trade, investment, tourism and cultural exchange. ‘I believe much in economic diplomacy,’ he said.
A project to promote exports of medicinal and aromatic plants will bring 14 companies to the country for matchmaking rounds with Brazilian enterprises.
The Chamber’s CEO, Michel Alaby, is in Cairo to discuss the reactivation of the Brazil-Egypt Business Council, the promotion of a trade mission and increased cooperation with the Arab League.
The expansion was greater than in the last three months of 2012, but, according to the OECD, the individual performance of the countries in the group remains unequal.
The country is in the 67th position in an International Chamber of Commerce ranking covering 75 countries. It is the worst positioned member of the G20 and the Brics. The UAE rank 7th.
