Production should grow 1.7% a year over the next decade, against 2.6% over the last 10 years. Food prices should remain at a high level, according to a FAO and OECD report.
Author: From the Newsroom
Foreign sales from the country reached US$ 5.36 billion last week. Daily average figures were up 1.2% as against July 2011 and up 10.8% as against June 2012.
Brazil exported the equivalent to US$ 44.78 billion in the first half. In June, however, shipment revenues dropped 9.4%. The soy complex was the main highlight.
Importers from the Middle East will meet with Brazilian exporters at the Arab Brazilian Chamber of Commerce offices in São Paulo.
The Brazilian animation festival, which takes place in Rio de Janeiro and São Paulo, brings Syrian cartoons Ostora, and the Tunisian L’Mrayet. It is the first time of these countries at the event.
Activities were resumed in eight regional airports in the Arab country. The sector will also receive investment, according to a government announcement.
The country topped foreign direct investment (FDI) in the region by far in 2011. The total invested in the country was up 37% from 2010, as against 16% for the continent as a whole.
Brazilian issues of bonds in foreign markets consisted mainly of fixed income. In June, the volume was US$ 3 billion.
The flow of foreign direct investment amounted to US$ 1.5 trillion in 2011. The increment should be smaller this year.
The industry of the Arab country received US$ 934 million in investment in the first five months of this year, according to official figures. Most of the funds went to the eastern region.
Production was slightly above 2 million barrels per day in May. Production of natural gas saw an increase.
From January to July, foreign sales of chicken totalled 1.987 million tonnes, 3.07% more than in the same period in 2011. In revenues, there were US$ 3.819 billion, a reduction of 4.5%.
The airline had revenues of US$ 1.25 billion in the second quarter of 2012. The growth was boosted by code share agreements and partnerships that increased the number of passengers served.
The funds are provided for in an agreement signed in 2010, which covers a total of US$ 117 million. The Fund has praised the country’s economic management, in spite of drought and foreign crisis.
