The European Union will grant the value to the Arab country to help in projects that may promote social and economic development.
Author: From the Newsroom
The countries signed agreements on Thursday (26) during a visit by Foreign Minister Antonio Patriota to Nouakchott. Talks covered a committee for cooperation and diplomatic visas.
The 18th edition of the International Tourism Market started last Wednesday (25th) and will continue until Saturday (28th) in Tunis. The event is geared toward hotels, transport and entertainment.
The country will donate US$ 300,000 to the United Nations High Commissioner for Refugees. The funds will be allocated to the purchase of tents.
The seventh edition of Sawsana, to take place in Amman, should include Itamaraty participation and offers business opportunities in the areas of agriculture, veterinary studies and food industry.
In Doha, the director general at the WTO, Pascal Lamy, stated that Arab countries need to remove barriers to regional trade so that jobs may be generated, mainly for youths.
According to the IMF, revenues from the commodity’s exports sufficed to make up for losses brought about by political instability and the resulting capital flight from the country.
The second edition of Infra Oman will run from October 2 to 4 in Muscat. At least 25 major construction, transport and electricity projects are underway in the country. In 2011, 5,000 people attended.
The sector exported US$ 1.293 billion from January to March 2012, a higher figure than in the same period of 2011, according to the Brazilian Ministry of Development, Industry and Foreign Trade.
The Notre Dame University, in Zouk Mosbeh, will screen Brazilian movies in its weekly sessions. The first of them, to be shown on Monday (23rd), is ‘Central do Brasil.’
Brazilian Tourism Institute’s new fundraising support program will make US$ 2 million available to public and non-profit entities to attract more technical-scientific and sports events to the country.
KPMG report claims that the first quarter of 2012 saw the highest number of mergers and acquisitions in Brazil since 1994. Buyoffs of domestic companies by foreigners came as a surprise.
At a meeting this Wednesday (18th), the Arab country’s envoy and the Brazilian Development minister, Fernando Pimentel, discussed a mission to Libya in the second half this year.
Established in July 2011, the country should now receive advisory from the organisation’s technicians to establish economic institutions. The country already has a loan facility of US$ 189.3 million.

