The cosmetics industry should total revenues of US$ 400 million in foreign sales up to the end of the year. The sector has been expanding its clients outside the country, although South America is still the main destination. New markets, like the Arab, entered the list of countries that import sector products in recent years.
Author: Mark Ament
Agência Brasil Brasília – President Luiz Inácio Lula da Silva declared yesterday that by paying off its US$15.5 billion debt with the International Monetary Fund, Brazil was demonstrating its independence. Lula said the country was able to make the payment because its reserves have now risen to over US$ 60 billion. According to president Lula,
According to the Brazilian National Petroleum Agency (ANP), studies show that the discoveries are among the most important in Brazil in the last 20 years. The study, that cost US$ 5 million, shows the existence of oil in shallow and deep water. The new areas may be tendered in 2006.
The president of the Brazilian Beef Industry and Exporters Association (Abiec), Marcus Vinícius Pratini de Moraes, believes that sales of cattle beef will grow between 15% and 20% next year. Exports should rise mainly to emerging markets, like the Arabs.
Through its subsidiary in Portugal, Brazilian construction company Andrade Gutierrez joined forces with Portuguese companies to compete for the construction of a 1,200-kilometre highway to cut the Arab country from East to West. The group is going to compete for two of three lots that are to be tendered, each evaluated at approximately 2 billion euros.
Company Hospimetal, from the city of Araçatuba, in the interior of the state of São Paulo, began exports to the Middle East this year, after having participated in international fairs in Dubai, in Saudi Arabia and in Germany. Their main export items are beds and operating tables.
The secretary general of the Arab Brazilian Chamber of Commerce, Michel Alaby, returned from a trip to the Arab country bringing a list of importers interested in Brazilian products. Among them granite, plastic pipes, water pumps and electric material. Qatar is undergoing a construction boom due to the increase in income generated by the gas sector.
Agência Brasil* Brasília – Brazil and another four nations should receive today (19) award "Special Recognition for South-South Solidarity" for the country support to the recovery and reconstruction of the countries in southeast Asia that were affected by tsunamis at the end of 2004. The ceremony will take place at the United Nations (UN) offices
Agência Brasil* Brasília – Brazil and another four nations should receive today (19) award “Special Recognition for South-South Solidarity” for the country support to the recovery and reconstruction of the countries in southeast Asia that were affected by tsunamis at the end of 2004. The ceremony will take place at the United Nations (UN) offices
The financing collected by companies from the southern Brazilian state of Paraná at the Brazilian Development Bank (BNDES) totalled approximately US$ 315 million (at current exchange rates) between January and October. The value represents an increase of 25% over the same months last year. Industries are investing in the modernization of their factories.
The countries in the region are already the greatest importers of chicken meat from Brazil, but they continue increasing their purchases. Exports to the Middle East grew 14% in terms of volume and 41% in terms of revenues between January and November when compared to the same period in 2004, according to the Brazilian Poultry Exporters Association (Abef).
Industries from the country sold a 90% greater volume of chewing gum to the Arab countries between January and November this year, when compared to the same months last year. Brazil shipped 647 tonnes of chewing gum to 14 Arab nations. The Arab appreciation for sweeter products is one of the factors generating the increase in consumption of the Brazilian product.
Agrícola Fraibrugo is negotiating sales of apples to a large importer in Dubai, which may bring the return to apple exports to the region. The company target is to double the value of exports, growing from the current 15% to 30% of production in a period of five years.
