Sales to the Middle East, for example, rose over 50% in May, in comparison to the same month last year. This percentage was above the 24% growth registered in total foreign trade. In the first five months of the year, the Brazilian trade balance registered a historic surplus of US$ 11.2 billion.
Author: From the Newsroom
Specialized in the construction of tugs and medium vessels, shipyard Wilson, Sons wants to produce support and supply vessels for maritime platforms. The Brazilian Development Bank (BNDES) is going to finance the project with the investment of US$ 1.9 million, 85% of the total necessary.
In all, around US$ 3 million will be destined to the project, which is the result of a Brazilian Export Promotion Agency (Apex), Independent Television Producer Association (ABPI-TV), Culture Ministry, and Support Service to the Small Business (Sebrae) partnership.
In all, around US$ 17.5 million will be financed by the Brazilian Development Bank (BNDES). Funds are going to be invested in units in São Paulo, Goiás, and Mato Grosso do Sul. The forecast is to increase production by 57%.
In all, Brazilian sector export to the region has generated US$ 169 million, against US$ 83.4 million registered in April 2003. The accumulated result for the year shows revenues of US$ 816.6 million. Saudi Arabia is the main importer of sector products in the region, followed by the United Arab Emirates, Egypt, Morocco, and Algeria.
The contract, which forecasts initial investment of US$ 1 billion, was signed today (24) in Peking, in the presence of Brazilian president Luiz Inácio Lula da Silva. The Brazilian mining giant has also signed another two accords for coal and coke production in China.
From the beginning of the year to the third week of May, Brazilian export has reached a positive balance 50% greater than that for the same period last year. International trade totalled US$ 31.3 billion in the period.
São Paulo state governor Geraldo Alckmin sanctioned the bill on Wednesday (20). The objective of the program is to attract private funds for projects of public interest, being paid back by the state. Guarantees against the state going default are the differential. As ANBA informed in January, the government hopes to receive US$ 2.5 billion in private investment up to 2007. Half of these funds are expected to come from foreign sources, believes state Planning secretary Andrea Calabi.
There was a 7.1% increase with regard to the same period last year. Net income totalled US$ 103.3 million. A total of 23 aircraft were delivered.
During a visit to Jordan, during the World Economic Forum, Brazilian Foreign Relations minister Celso Amorim and League of Arab States secretary general Amr Mussa defined the details of a preparatory meeting for the Summit between heads of states of both blocks. The summit is scheduled for December this year.
The over 40 organizations connected to Procomex announce proposals for modernization of the Brazilian Customs System, which currently contributes to loss of competitiveness of Brazilian products on the foreign market.
Japan and Singapore become, starting in the second half, importers mainly of apples, grapes, melon, citric fruit, and mango.
Export revenues reached US$ 243.8 million, against 137.4 million in the same period in 2003.
Egypt still led the list of main buyers of Brazilian cattle beef in April. In the month, the country imported 20,500 tonnes of raw meat, for US$ 20.35 million, which represents a growth of over 120% in revenues when compared to the same period in 2003. Businessmen in the sector also have their eyes on the opening of the Chinese market.
