So said the Brazilian foreign minister Aloysio Nunes. He also said he is ready to sign a Brazil-Morocco Cooperation and Trade Facilitation Agreement.
Author: From the Newsroom
An IMF staff mission traveled to the Arab country and advised the government not to increase spending on the back of the oil price hike, as well as meet fiscal targets.
The Arab country’s Ministry of Oil is seeking to attract investors for the construction of the plant, planned for a capacity of 70,000 barrels per day.
The announcement was made this Tuesday (22) after a meeting between the president of the New Development Bank (NDB) with the Brazilian FM in Shanghai. The office will open until the end of the year.
Rudy El Azzi took the post of Lebanon’s general consul in São Paulo in April and met with members of the Arab Chamber’s board of directors this Tuesday.
Exports reached USD 5.2 billion and imports came out to USD 3.3 billion in the third week of May in Brazil. Month-to-date, there was a USD 5 billion surplus.
The Arab Brazilian Chamber of Commerce released a statement informing that it is the only chamber officially recognized in Brazil by the Union of Arab Chambers.
In April, the country’s airports received over 2 million passengers. The Casablanca terminal accounted for 40% of the total.
The IMF released a preliminary report of a visit to the Arab country and praised the efforts made to go forward with the reform program. The Fund should disburse other USD 2 billion to Egypt as part of their agreement.
The visa waiver will become effective as of June 3. The same agreement will apply to Emiratis travelling to Brazil.
Brent North Sea crude oil reached USD 80.18, the highest price in four years.
It will include a photo exhibit from Gibran’s collection in three São Paulo subway stations and at Espaço Cultural of Conjunto Nacional, between June and August. A ceremony is scheduled for June 12 at Teatro Sesi.
A business delegation led by the Arab Brazilian Chamber has been to Egypt, Tunisia, Mauritania and Jordan, and such is the worth of deals expected to come to fruition in the coming 12 months.
The 1st Meeting of Brazil-Lebanon University Presidents began this Wednesday (16) in Beirut.

