Author: Mark Ament

The garment hub of São João Nepomuceno, a city in the southeastern Brazilian state of Minas Gerais which has a population of 28,000 inhabitants, has been in operation for around forty years and produces almost one million items a month. Around 60,000 are exported. But, more than making clothes, the city wants to enter the Brazilian fashion calendar. In April, the city had their first parade, Fashion Mix. A second edition will take place in September.

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Brazil had revenues of US$ 1.6 billion with sales to the region in the first four months of this year. In April, sales grew 5% over the same month in 2005 despite the fewer working days. African countries that recently discovered oil, like Sudan and Somalia, are increasing their purchases.

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In its Conjectural Information disclosed last week, the Brazilian National Confederation of Industries (CNI) increased its forecasts for the performance of the Brazilian economy in 2006. According to the CNI, the Brazilian Gross Domestic Product (GDP) is going to grow 3.7% and the trade balance surplus should be around US$ 41 billion.

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The countries in both blocs have promised to study the end of non-tariff barriers to simplify trade in the agricultural area. This was one of the discussions of the meeting of ministers in the economic area of both regions, which took place in Quito, capital of Ecuador. The liberation of trade of oil products is also mentioned in the final declaration.

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As well as building the port terminal in Djibouti and working on the Ras Al Khor highway, which is being built in Dubai, Brazilian construction company Odebrecht has recently worked in other Arab nations. The Brazilian ambassador in Kuwait, Mário Roiter, says that the country, as well as others in the region, is witnessing a boom in the sector.

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From the Newsroom* São Paulo – The Union of Gypsum Industries of the state of Pernambuco, in northeastern Brazil, and the Brazilian Export and Investment Promotion Agency (Apex) signed an agreement to promote gypsum sector exports. Over R$ 2 million (US$ 940,000 at current exchange rates) will be invested in the companies of the sector,

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