Nine agreements entered into in Tangier provide for USD 43.5 million worth of investment in car parts manufacturing.
Author: From the Newsroom
The UN agency expects a drop in the region’s foreign sales for the fourth consecutive year in 2016. The decline, however, won’t be a sharp as the one in 2015.
Brazil saw USD 8.4 billion worth of direct investment last month. The amount is 25% higher than in October 2015.
UNHCR and ABC Federal University will hold conference and seminar on the challenges of social integration of new immigrants in Brazil. The events take place from November 23 to 25.
A report on the matter will be presented to the UN General Assembly. The trade and development agency claims the Palestinian economy could ‘easily’ be twice as big if the territories were not occupied.
The third week of November saw USD 8.94 billion worth of exports from Brazil, with imports reaching USD 7.06 billion.
The amount by which imports outpaced exports decreased year-to-date through September, with foreign sales at USD 5.5 billion and purchases reaching USD 14.1 billion.
According to a Central Bank poll of financial institutions, Brazil’s GDP shrinkage projection for this year has also widened.
The event, organized by the Ministry of Economy of the UAE and the World Tourism Organization, is scheduled for November 23. The use of technology on tourism industry will be one of the topics discussed.
Leather and footwear parts makers affiliated with an exports program grossed USD 223 million from foreign sales from January to October, up 35% from the comparable period of last year.
Foreign sales from Brazil amounted to 4,252 units from January to October, down 5.4% from the same months in 2015.
The initiative was created during a visit of Brazilian minister of Agriculture, Blairo Maggi, to Marrakech to attended COP 22. The plan is to decide which agricultural products they can offer to each other.
The Arab airline acquired 10% of total shares of the South American company, which will now move forward with a USD 613 million capital increase.
The United States currency was selling for BRL 3.422 at the end of this Wednesday in Brazil, down 0.56%. São Paulo Stock Exchange Index Ibovespa gained 1.85%.
