Author: Mark Ament

Over 500,000 visitors are expected at the 23rd edition of the São Paulo International Car Salon, to take place between October 21 and 31 in São Paulo, the Brazilian financial capital. Apart from the auto industry releases, and many high performance vehicles, the fair is going to count on the presence of Formula 1 stars, like Michael Schumacher and Rubens Barrichello, who are going to be competing in the final race of the Formula 1 World Championship on Sunday, at the Interlagos racetrack.

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Around one thousand vehicles of their compact Clio model were shipped to Algeria, a figure equivalent to 10% of the 10,000 vehicles the company exported between January and September this year. Other makers installed in Brazil, like Volkswagen, GM and Mercedes-Benz have already sold to the Middle East and North Africa.

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According to estimates by the director of the Brazilian Institute of Gems and Precious Metals (IBGM), Edmundo Calhau, Brazilian companies participating in the 13th Jewellery Arabia should sell US$ 3.4 million over the next 12 months due to contacts made in Bahrain. He estimates that the total business closed should be between US$ 1.5 million and US$ 2 million during the fair. Brazilian company Vancox, which is participating in the event for the fourth time, had a sales growth of 30% with regard

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Apple export has reached US$ 72.5 million up to September this year, a value 91% greater than that registered last year. This performance, generated by the harvest of 989,000 tonnes of the fruit, should put apples in the first place among Brazil fruit exports, exceeding mangos, grapes, and melon. Last year, the fruit was the fourth most traded by the country on the foreign market.

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The company from the southernmost Brazilian state of Rio Grande do Sul made this decision after the 6th Ambassador Meeting, between Arab ambassadors, which took place in state capital Porto Alegre. Speed Way administers international transport and customs consultancy to around 250 companies, 70% large, and has 1% of its revenues connected to transport to the Middle East and North Africa.

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The industry from the southern Brazilian state of Rio Grande do Sul took the opposite route from most companies: the company opened the doors of foreign trade before turning to the domestic market. What motivated BRV to appear as an exporter was the discovery of a sector that has, up to now, been little explored by the national factories: small retailers and international distributors. The Arabs purchase between 8% and 10% of production, but this volume should double by May 2005.

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The number of visa requests by small entrepreneurs doubled between 2002 and 2003. Last week, the Brazilian government lowered the minimum value for investment in the country from US$ 200,000 to US$ 50,000. The largest demand is for business in the tourism sector, including inns and restaurants in costal regions.

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