The funds should be turned to the sector in Brazil up to 2014, according to a study by the Brazilian Development Bank (BNDES). The demand for containers should boost part of the investment.
Author: Isaura Daniel
Isaura Daniel
A journalist with a degree from Unisinos and experience in economy and finance, she has been responsible for international coverages and amassed eight journalism prizes.
The Brazilian vice-president, Michel Temer, met with the Arab Brazilian Chamber president, Salim Schahin, this week. They discussed the establishment of closer ties between Brazil and the Arab world.
The Arab country receives around 200,000 tourists a year for aesthetic treatment with Dead Sea mud, for example. The country is in the fifth place worldwide in therapeutic medicine.
The main economies of the Middle East and North Africa should have average inflation of 12% in 2011, according to projections disclosed at an investor conference in Jordan.
Brazilian chicken producers participate in Gulfood, the food sector fair in the United Arab Emirates. They have already closed sales and the sector hopes to grow in the region.
Up to last year, the region had investment of US$ 1 trillion in the foreign market, according to information disclosed at the Sharjah Business Forum.
Political instability in the Arab world should not affect Vale’s performance. According to executives at the company, the Middle East represents just 3% of sales.
The outflow of foreign investment from the Securities, Commodities and Futures Exchange should continue in coming months, but should not appreciate the dollar.
Brazilian self-sufficiency in oil and the government’s work to control inflation should result in the country’s not being affected by rises in the price of the commodity.
The objective of the new Foreign minister, Antonio Patriota, is to diversify partnerships abroad. One of the regions chosen is the Islamic world, of which the Arab world is part.
The government is taking to states the Low Carbon Agriculture programme, which makes available funds for producers to reduce their carbon emissions.
As is the case in Brazil, the ghost of inflation is trying to destabilize the economies of the Arab countries. In Egypt, the Consumer Price Index rose 1.02% in January.
Petrobras did not import crude oil from the region in January. The Arab market, however, was a regular supplier throughout last year.
Agronomist Paulo Suassuna travelled to Morocco to speak about cactus production for animal feed in small properties in Sergipe. Moroccans should now come to Brazil to learn about cultivation.
