Author: Geovana Pagel

The Brazilian leather sector productive chain has a turnover greater than US$ 4.1 billion a year, brings together 7,000 industries, employs over 500,000 people and exported approximately US$ 3.3 billion last year.  Sector representatives, however, believe revenues could be far greater if the shipping of greater added value products were stimulated.

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A study by the Inter-American Development Bank reveals that Brazil is the second largest money transfers market in Latin America.  Each Brazilian living abroad makes 9.7 remittances per year to Brazil.  The average value of each is US$ 428.  Brazilians living in Japan and USA alone, send home approximately US$ 2 billion annually.

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Geovana Pagel São Paulo – The Ministry of Development, Industry and Foreign Trade made available an information system for investment activities in Brazil, for the business class, research enterprises, and international agencies.  The National Information Network was initiated during the 11th United Nations Conference on Trade and Development (Unctad). The network is in an internet

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Geovana Pagel São Paulo – "We need investments in industrial modernization and technological innovation to guarantee our long-awaited sustainable economic growth," said Luiz Fernando Furlan, Brazilian Minister of Development, Industry and Foreign Trade. The minister spoke about industrial, technological and foreign trade policy for sustainable development, during the first talk at Space Brazil, inaugurated early this

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The growth in shipping is the result of business with neighbouring countries that are part of the Mercosur, the customs union between Brazil, Argentina, Uruguay, and Paraguay, and the opening of new markets in the Middle East and North Africa. Last year, Brazil had revenues of US$ 69 million with foreign trade in the sector, a value 22.4% greater than in 2002.

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Ten Brazilian companies in sectors such as food, home appliances, agricultural machinery, shoes, auto parts, and plastics will be present at the event. The multi-sector fair will take place between June 2 and 10. Between May 26 and 27, businessmen and employees from Algeria will be participating in the Latin America and Algeria Economic Relations Seminar.

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