The world’s leading processor of animal protein, the Brazilian group exported US$ 389 million to the two regions in the first quarter, i.e. 16% of its total foreign sales.
Author: From the Newsroom
The company revenues totalled US$ 15.6 billion in the April 1st 2010 to March 31st 2011 fiscal year. Net profit was US$ 1.6 billion, a record figure for the organisation.
Cancellation of the import tax, scheduled to end in May, has been extended to June 30th. The textile sector continues suffering with crop problems.
A survey conducted by the HSBC bank shows that the Middle East and North Africa are the most confident regions regarding the development of international trade in the coming six months.
The Arab country should adopt an economic model more open to foreign countries and diversification of international partners, according to the Tunisian minister of Finance, Jalloul Ayed.
The agribusiness fair held last week in Ribeirão Preto was visited by 870 foreigners, mostly from Venezuela, Argentina and the United States.
An agreement between the Brazilian Export Promotion Agency (Apex) and the Brazilian Contemporary Art Association will take Brazilian artists to international fairs. The project involves 37 galleries.
Revenues of the Brazilian plastic industry increased by 35% in 2010 over the previous year. According to sector organization Abiplast, revenues reached US$ 25 billion.
Brazilian foreign minister will visit the country to discuss trade and politics in the Middle East and North Africa. He will meet with Egyptian ministers and the Arab League secretary general.
The country had revenues of 10.2 billion dirham, equivalent to US$ 1.3 bn, with foreign sales of phosphates up to March. There was growth of 55% over the same months in 2010.
Brazilian Coffee Exporter Council (Cecafé) claims that the result in April was the best of the last 12 months.
Report disclosed by the Eclac reveals that foreign direct investment in Latin America and the Caribbean reached US$ 112.6 billion in 2010. Brazil received the highest inflow of funds.
The average number of contracts per day in April at the Securities, Commodities and Futures Exchange reached nearly 3.5 million. The São Paulo Stock Exchange, however, depreciated during the period.
The number of projects by foreign investors increased from 338 in 2003 to 633 last year, according to an Ernst & Young survey. The bulk of funds went to ten countries, five of which are Arab.
