Author: Mark Ament

This information was announced by Mourad Cherif, president of the OCP, a group that operates in mining, processing, and trade of phosphates and derivatives. He headed a delegation of businessmen from the Arab country who visited São Paulo, the largest business centre in Brazil, to participate in business roundtables. The meetings took place in parallel to the visit by Moroccan king Mohammed VI to the country. Cherif, who has already been the head of three Moroccan ministries, also informed ANBA

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Agência Brasil Brasília – Speaking at the inauguration of four new turbines at the Tucuruí power plant in the state of Pará, in northern Brazil, president Luiz Inácio Lula da Silva declared that the country now has a new model for the electricity sector which will attract more investments, give the sector more operational freedom

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Yesterday (25) Transpetro released the edict for the construction of 42 vessels. The tender is strategic for Brazil, which has a great demand for ships, and for Petrobras, which uses around 110 tankers, 60 rented from foreign companies. The tender is going to generate investment in shipyards and should revitalize the Brazilian naval industry. The companies have up to the end of January to deliver their proposals.

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This is the opinion of Pedro Motta, head of the Africa department at the Itamaraty, the Brazilian Foreign Office. The king of Morocco, Mohammed VI, will be arriving in Brazil today, and tomorrow will sign a framework agreement with Brazilian president Luiz Inácio Lula da Silva so as to begin negotiations for a tariff preference agreement with the Mercosur, the common market of southern South America. According to the diplomat, as the Arab country already has accords with the EU and the USA, Braz

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Magic Brazil, which brings together seven companies from the southernmost Brazilian state of Rio Grande do Sul, is participating in Big 5, the largest construction fair in the Middle East, which takes place in the United Arab Emirates, for the second time. Another four Brazilian business groups, among them Coopslate, from Minas Gerais state, in southeastern Brazil, are also participating in the event so as to try to start selling to the region. The construction sector should move around US$ 200

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The 24th National Foreign Trade Meeting (Enaex) begins in São Paulo today (22). The three thousand businessmen to participate in the meeting will be discussing how to maintain Brazilian export high in a year in which the World Bank forecasts a reduction of expansion of world trade. China has already increased its interest rates and the United States should continue increasing theirs, decelerating global consumption. One of the alternatives is to seek alternative markets, like those of the Arab c

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The factory from the southeastern Brazilian state of São Paulo also wants to establish a megastore in Dubai. For this purpose, the company is after commercial partners. An important player in the high quality furniture sector, the brand started its internationalisation process three years ago. Since then five stores have been inaugurated abroad, and the intention is to open another three next year.

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