The minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, was invited by his Egyptian counterpart, Rachid Mohamed Rachid. The business event, one of the most important in the region, will take place in March and will have a Brazilian stand sponsored by the Arab Brazilian Chamber of Commerce and by the Brazilian Export Promotion Agency. Also in March, Rachid may come to Brazil accompanied by businessmen from his country.
Author: Mark Ament
Based in the city of Frankfurt, in Germany, the company has four branches and 15 subsidiaries, apart from 49 representation offices on four continents. In 2004, the group had revenues of 364 million Euros and organized 110 fairs. Messe Frankfurt has been on the market for 750 years.
Brazilian export revenues to the 22 nations in the League of Arab States reached US$ 317 million in January. The value is 24% greater than that obtained in the first month of 2004 and was above the forecasts by the Arab Brazilian Chamber of Commerce for this year. A large part of these sales were of basic products, like meats and sugar that are less affected by oscillation of the currency as prices are stipulated by the foreign market. The US dollar is becoming weaker against the Brazilian real,
The Brazilian company is going to participate in the Idex fair, turned to the defence sector, for the third time. The event will take place in Abu Dhabi between February 12 and 17. There, the company is going to present the Super Tucano, a turboprop for training and light attack and their light aerial, land and maritime vigilance jets.
The sector reached revenues of US$ 17.5 billion in 2004, in current figures, presenting growth of 30% over the 2003 result. Exports broke a historic record bringing the industry trade balance to a historic equilibrium. Despite the good performance, the best in the last nine years, the weaker dollar against the Brazilian real may affect the growth in 2005. The Arab countries are included in the list of new markets and should continue importing Brazilian machinery this year.
Petrobras, the Brazilian state-owned oil giant, was one of the winners of a tender opened by the government of the Arab country. The contract with the Libyan oil company will be signed this month and forecasts an exploration phase to take five years. The area to be explored is on the Mediterranean Sea and is close to fields that already produce large volumes. In case a viable reserve is found, the period forecasted in the production concession is 25 years.
Geovana Pagel São Paulo – The exports of Brazilian machinery and equipment has broken a new historic record bringing equilibrium to the sector trade balance. Foreign sales have reached US$ 6.841 billion, which represents a growth of 38.5% over the 2003 result. Imports, in turn, have reached US$ 6.836 billion, an increase of 18% when
Of the eight units of the federation of Brazil that had less than US$ 100 million in foreign trade up to the end of last year, none had export growth below 20%. The state of Tocantins, in northern Brazil, for example, had a 157% increase in revenues with foreign sales in 2004, reaching a total of US$ 116 million. In the case of Rondônia, also in the north, exports reached US$ 133 million. Both are included in a Federal Government program created to elevate the participation of ten states in the
The Brazilian oil giant was one of the international companies to win the first tender of the kind ever to take place in the Arab country. A total of 14 exploration blocs were offered. Libya has the eighth largest crude oil reserves in the world, and was one of the nations visited by Brazilian president Luiz Inácio Lula da Silva during his visit to the Middle East and North Africa in December 2003.
From the Newsroom São Paulo – The fifth edition of the World Social Forum (WSF) ended this morning (31) in the city of Porto Alegre (capital of the southernmost Brazilian state of Rio Grande do Sul). According to information supplied by the organization, the event, which started on January 26, included the participation of 155,000
From the Newsroom São Paulo – The fifth edition of the World Social Forum (WSF) ended this morning (31) in the city of Porto Alegre (capital of the southernmost Brazilian state of Rio Grande do Sul). According to information supplied by the organization, the event, which started on January 26, included the participation of 155,000
The total for the next 10 years was defined during the programme revision works by the Brazilian Space Agency. For 2005, the forecasted budget is of US$ 100 million, but the quantity may be increased. The launching of the fourth prototype of the satellite launcher rocket VLS-1 is expected to take place in 2006, as well as the first journey to space by Brazilian astronaut Marcos Pontes, trained by NASA.
Clothes produced by the company from the southern Brazilian state of Santa Catarina will reach the Arab countries through an office to be installed in the Italian city of Gallarate, in April. Marisol has eight exclusive stores in Lebanon, one in Kuwait and another in Qatar. The inauguration of the new distribution centre is part of the company plan to increase exports, which currently represent 6% of revenues. Marisol wants the international market to answer to 20% of revenues by 2010.
This statement was made by the Brazilian president at the World Economic Forum in Davos, where he presented a balance of the advances of the Brazilian economy in the last two years.
