Author: Mark Ament

Ruette Spice, an exporter from the city of Campinas, in the interior of the southeastern Brazilian state of São Paulo, supplies black pepper and clove to Arab countries like Tunisia, Morocco, Algeria, the United Arab Emirates, Egypt, Yemen, Jordan, Mauritania and Lebanon. The company works exclusively with the foreign market and traded 7,400 tonnes of pepper and 2,200 tonnes of clove in 2004.

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To Walter Brasil Mundell, who gave a talk yesterday at the Arab Brazilian Chamber of Commerce, next year the country should be one of the few emerging nations to grow more than in 2005. He also said that the world economy is going through a golden age, one that has never been seen before.

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This is the opinion of the secretary general of the General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries, Elias Ghantous. Direct investment and technology transfer will be the main themes of a seminar about Arab and European cooperation that the organization is going to promote in November. To Ghantous, Brazil serves as an example in the agricultural and industrial sectors.

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