Author: 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.

Overseas sales of the commodity went from 929,000 tons in the first five months of 2003 to 2.7 million this year.  Volume is three times larger.  This result was stimulated by the low product quote.  From January to May of this year, Brazil has already sold 77% of the total amount traded on the international market in the whole of 2003.

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Kuwaiti undersecretary of foreign trade, Hamad A. Al-Ghanim, suggested the promotion of a showing with exclusively Brazilian products and services in the Arab country.  In a visit to the Arab-Brazilian Chamber of Commerce, he also manifested his intention of formulating a memorandum to help businessmen from both countries relate commercially.

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The special envoy from the Kingdom of Bahrain, sheikh Salman Bin Khalifa Al-Khalifa, stated that cooperation and partnership is the best route for developing countries to grow. Yesterday (14), the Moroccan minister of Foreign Trade called the representatives of other countries present at the Unctad to find solutions for poor countries to solve their debts. Apart from these two, another representative from Arab countries, the Kuwaiti minister of Industry and Trade, spoke on the first day of debat

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Leaders of the Civil Society Forum, a debate space for non-governmental organizations, taking place parallel to Unctad, want the entity to forward world agreements on the commercialisation of commodities, halting the fall of prices paid to rural producers.  The issue was raised in the presence of Unctad’s secretary general, who participated in the forum on Friday (11) afternoon.

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The brand, which has become internationally famous in fashion, already sends around 7% of export to Lebanon and the United Arab Emirates. Starting next year, the company is going to have a trade agent in the Middle East and sales are going to reach 15%. The brand campaigns and pageants are in the hands of some of the best paid international models like Naomi Campbell and Shirley Mallmann.

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The Conference, to begin on June 13 in Brazilian financial capital São Paulo, may be an opportunity for closer relations between importers and exporters in both regions. The part played by the Unctad as an organization for the defence of the interests of developing countries will also be discussed. NGOs and scholars state that the USA and Europe are trying to weaken the organization.

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