Agência Brasil Brasília – Today (06) the Brazilian Ministry of Foreign Relations is holding a seminar to discuss commercial opportunities and the possibility of creating free trade zones that would unite Mercosur and India, and Mercosur and the South African Customs Union (SACU), which consists of South Africa, Namibia, Botswana, Lesoto and Suaziland. The seminar
Author: Alexandre Rocha
Agência Brasil Brasília – At the opening ceremony of the First South American Community of Nations summit, Brazil and Venezuela have announced that their state-run petroleum enterprises will join forces to build a refinery, along with the oil tankers to transport the oil they refine. President Luiz Inácio Lula da Silva declared that it was
Agência Brasil Brasília – The director of the Department of Promotion and Marketing at the Ministry of Tourism, Nair Xavier, says that some really big growth is expected in the sector in the short term. By the end of 2006, domestic boardings should jump around 50%, rising from an estimated total of 40 million in
Agência Brasil Brasília – The Brazilian minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, is now in China where he has joined a business and technical delegation that has been in country since last week. Together they will be holding talks with Chinese authorities on self-limiting of certain exports to Brazil. Furlan is
Agência Brasil Rio – The Brazilian Development Bank (BNDES), has signed an agreement with the Interamerican Development Bank for a U$ 1 billion loan to be used for small businesses (known by the acronym MPEs in Brazil). The loan is the first stage of an IDB-BNDES agreement signed in August which will eventually make US$3
Agência Brasil Rio – Yesterday (20) Petrobras announced that its subsidiary, Petrobras America, had discovered a "high quality" natural gas well during its first drilling operation in the Gulf of Mexico in an area known as Garden Banks 244, at a depth of 640 meters. A note from Petrobras reports that it owns 80% of
Agência Brasil Brasília – Between 2001 and 2004 there was a significant increase in investments in Brazilian railroads, reports the Terrestrial Transport Agency (ANTT) as the result of a revitalization project. Before the project, investments in 2001 were US$352 million. In 2004, they had climbed to US$821 million. The ANTT director general, Jose Alexandre Resende,
Agência Brasil Rio – Industrial production in Brazil fell 2.5% in July, in comparison with June. According to a note issued today (8) by the Brazilian Institute of Geography and Statistics (IBGE), the decline interrupted a four-month sequence of expansion. The Institute observes that the drop in this indicator was the largest since January, 2003,
Agência Brasil Brasília – The highway linking Brazil to the Pacific Ocean through Peru, which the presidents of Brazil, Peru and Bolivia are laying the cornerstone for today (08), is one of the priorities in the South American Regional Infrastructure Integration Initiative (IIRSA) which was created in 2000. Also part of the IIRSA is the
