A Japanese mission will be coming to Brazil to buy meats, fruit, and eggs. In turn, agriculture minister Roberto Rodrigues is going to stimulate Brazilian businessmen to participate in the largest agribusiness fair in Asia: Foodex-Japan.
Author: From the Newsroom
The operation is part of a project agreed on by the president of the Brazilian Export Promotion Agency (Apex), Juan Quirós, and Brazilian ambassador in England José Mauricio F. Bustani, last Friday (23).
The annual aggregate result was export of US$ 19.4 million, consolidated due to excellent foreign trade performances in December 2003. Among the most important markets for the sector are the Dutch and the North American.
The objective of producers and the government is that foreign trade reach US$ 1 billion/year up to 2010. In 2003 foreign fruit trade totalled 668,900 tonnes. The United Arab Emirates are among the main buyers of Brazilian fresh fruit.
The Latin American Business Aviation Conference and Exhibition will bring together professionals, buyers, and suppliers in aviation to present novelties in products and services, as well as seminars and aeroplane exhibitions at Congonhas Airport, in the southeastern city of São Paulo.
The objective is to attract funds for primary production financing. The funds would permit the creation of agricultural companies that would sell market quotas to Brazilian and foreign investors.
Deadline given to the United States by the World Trade Organization for modification of the amendment finished in December. The country was condemned after Brazil and another ten countries went against the White House in 2001.
On Friday (16), Brazilian president Luiz Inácio Lula da Silva released the National Biofuel Pole, in Piracicaba, interior of the southeastern state of São Paulo, with the objective of maintenance and increase of Brazilian competitiveness in the production of renewable fuel.
The bank target is to make US$ 16.8 billion available for financing. In 2003 the total was US$ 11.7 billion. A large part of these funds should go to investment in infrastructure.
Last year, sector sales rose 23.3% in contrast to 2002. The agribusiness trade balance has also shown a record: US$ 25.848 billion. The result makes agribusiness responsible for the entire US$ 24.824 billion global trade balance surplus in the country, as the remaining sectors have presented a deficit of US$ 1 billion in the period.
According to the producer and exporter association, the value has reached US$ 512.4 million in the period between January and November. In the whole of last year this total was US$ 481 million. The sector, however, is worried with the Russian decision to establish import quotas and has requested that the government provide incentives for foreign sale. Russia is the main market for the Brazilian product.
To the organization, uncertainty with regard to the country economy dropped drastically in 2003. In the area of foreign trade, lower export growth is forecasted and an increase in import is expected as the domestic market should warm up.
To the organization, uncertainty with regard to the country economy dropped drastically in 2003. In the area of foreign trade, lower export growth is forecasted and an increase in import is expected as the domestic market should warm up.
Regional jet ERJ 145, produced by Harbin Embraer Aircraft Industry Company, a joint venture between the Brazilian company and Chinese companies Harbin Aircraft and Hafei Aviation, which flew for the first time yesterday, is destined to the Chinese regional market. Over the next few years, the country should purchase 635 regional airplanes.
