In all, 38 companies from Brazil participated in the largest organic product fair in the world, which took place between February 16 and 19 in Nuremberg, Germany. Contacts were made with importers from 26 countries, among them Saudi Arabia and Egypt.
Author: Mark Ament
The measure may contribute to the increase in trade with the Arab world, since many countries in the region are suppliers of this kind of product. Last year, Brazil bought US$ 191 million in fertilisers from the Arabs, especially Morocco and Tunisia.
Tecsis exports fans and industrial air conditioners to Bahrain and Saudi Arabia. Apart from industrial cooling and ventilation systems, the company also develops equipment for the wind energy market. The list of clients includes large companies, among them Siemens, Hamon Group, Companhia Vale do Rio Doce and Petrobras.
The ministers in the economic areas of both blocs are scheduled to meet in Quito, Ecuador, in April. Among the topics to be discussed are the possibility of establishing a free trade area between both blocs, the promotion of investment, incentives to tourism and the financing of social programs.
The conference is scheduled for March 06 and 07 in Manama, capital of the country, and should focus mainly on promotion of private investment in the region. The event is organized by the League of Arab States and by the General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries.
The Tunisian government has opened an international tender for the building, administration and operation of an oil refinery 340 kilometres away from Tunis, the country capital. The production capacity will be 120,000 barrels of oil a day. The deadline for bid submission is the end of March and they may be by foreign companies.
The company production reached 16,400 units in Brazil and abroad at the end of last year. This year, production should total 16,500 bodies, according to company forecasts. Marcopolo has units in Argentina, South Africa, Colombia, Mexico and Portugal.
Agência Brasil São Paulo- Exports of chicken in January reached 213,700 tons, up 14% when compared to January 2005. Even better news was that the revenue reached almost US$ 281 million, up 41.5%. There was a large disparity in sales of whole chicken (which was down 6% in volume, and up only 19% in revenue)
The Brazilian manufacturer of stationery products and office supplies, Helios, will start selling on the international market again after having stopped exports last year due to a change in installations. Egypt, Iraq and Jordan are amongst the importers from the company, which is the Brazilian leader in the production of carbon paper.
The largest meatpacking group in Brazil is participating in Gulfood, a fair in the food sector that ends today in the United Arab Emirates. According to the company trader, Luis Rota, the Middle East is a priority market. The company shipments to the region grew 100% between 2004 and 2005.
This is the estimate of the Brazilian High-End Furniture Manufacturers Association (Abimad) for contracts to be closed over the coming 12 months. The Abimad organized a fair that ended yesterday and at which some 15 Arab businessmen closed US$ 2 million in deals.
From the Newsroom* São Paulo – Foreign direct investment in Brazil should reach US$ 1 billion in the month of February, according to estimates by the Central Bank. They totalled US$ 770 million up to Tuesday (21), according to information supplied by the financial institution. *Translated by Mark Ament
A group of 15 Arab importers is participating in the Brazilian Furniture and High-end Decoration Accessory Fair, which began on Saturday. Businessmen from Jordan, Qatar, Palestine and the United Arab Emirates have already closed deals. Modulus, from Palestine, intends to purchase US$ 50,000 up to the end of today, when the event ends.
