Brazil sold the equivalent to US$ 287 million in agricultural products to the region in the month. The United Arab Emirates, Saudi Arabia, Morocco, Egypt and Algeria were the main markets. In the accumulated result for the year, the shipment generated US$ 3.1 billion, growth of 24% in comparison to the same period in 2004.
Author: Mark Ament
This homage from the United Nations Development Programme comes due to recognition of the effort made by both countries for south-south cooperation. Brazil, Algeria and another three developing nations made important donations to tsunami victims in December 2004.
The Brazilian oil giant signed yesterday the last contract for the construction of platform P-53, which will produce 180,000 barrels of oil and six million cubic metres of gas per day. The project is part of the aim of making the country self sufficient in oil already on the following year. Petrobras is going to invest US$ 17.1 billion in 2006.
An Algerian distributor placed an initial order for 10,000 square metres of floor tiles, wall tiles and porcellanato and is going to establish a showroom for company products at a new store in Algiers. The company already sells to other Arab countries.
The theme will be the main topic at the 9th Arab Business Forum, which takes place between tomorrow and Wednesday, in Doha, capital of Qatar. Some 600 participants are expected, amongst businessmen and political officials. The Arab Brazilian Chamber of Commerce will be represented at the meeting by the secretary general, Michel Alaby, and director Mustapha Abdouni.
According to a study by the Federation of Industries of the State of Paraná, in southeastern Brazil, 48.86% of the companies in the state are developing their own innovation. They are companies like Bematech, which produces machinery for retail automation, and Nutrimental, which introduced cereal bars to Brazil.
Company Casas Paraná, from the southern Brazilian state of Curitiba, started selling low-income houses to Angola in 1997 and is currently sending high standards holiday houses to the African country. The company plans now include entry into new foreign markets.
The Gulf country spent US$ 110 million with Brazilian products between January and November this year. This figure represents a growth of 189% over the same period in 2004. Qatar, whose income is growing due to sales of natural gas, purchased more buses, meats and ore from Brazil.
These figures were included in a study disclosed yesterday by the Brazilian Institute for Geography and Statistics (IBGE). The largest contribution came from grown forests, and lumber products were responsible for 84% of the total.
OSE, from the city of Uberlândia, in the southeastern Brazilian state of Minas Gerais, participated in the trade mission led by the Brazilian minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, to the Arab country. This week the company intends to send information about company products to the Algerian government, which is interested, for example, in systems for bank automation.
A city in the west of the southern Brazilian state of Paraná intends to establish in its outskirts factories to transform agricultural produce. Three companies have already announced that they will invest US$ 17 million in the construction of plants: Lecibrás, wheat mill Moinhos de Trigo do Paraná and meat packing plant Frangobrás. The state and the city of Campo Mourão provide incentives to companies interested in establishing units there.
Brazilian shipments to the region yielded US$ 441 million last month. Brazil earned about US$ 100 million more with sales to the Arabs in November this year when compared to the same month in 2004. Imports, in turn, increased 41%, boosted by sales of countries that are oil producers, such as Iraq and Algeria.
From the Newsroom* São Paulo – Braskem, the Latin American leader in the petrochemical sector, is investing approximately US$ 35 million in the expansion of their isoprene production capacity. The company unit that makes the product is located in the northeastern Brazilian state of Bahia. Isoprene is used in the production of adhesives that are
This is the forecast for the next 12 months. The 38 Brazilian companies that participated in the largest furniture and decoration fair in the Middle East made 2,500 commercial contacts. The fair, which took place in Dubai, ended on Friday and Brazilian company presence was organized by the Arab Brazilian Chamber of Commerce, the Brazilian Furniture Industry Association (Abimóvel) and the Brazilian Export and Investment Promotion Agency (Apex).
