Browsing: Business Opportunities

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.

Vancox, from Minas Gerais, for example, sold 16 pieces yesterday at the opening of the 13th Jewellery Arabia. In all, 10 Brazilian companies are participating in the event, which has the support of the Arab Brazilian Chamber of Commerce (CCAB). Orders were also placed to companies Fiamma and Manoel Nogueira, and the prime minister of the Arab country, Khalifa Bin Salman Al Khalifa visited the Brazilian stand.

The partnership between the Libyan government and the Pedro Afonso Agricultural Cooperative (Coapa) is being negotiated by the state government and by the embassy of the Arab country in Brazil, and should be completed by the end of next year. The industry, to produce ground soy, soy oil, and fertilizers, should occupy an area of 300,000 square metres and employ 2,500 people.

Up until Friday more than 1,000 visitors passed by the Brazilian pavilion at the biggest furniture and decorations fair in the Middle East. Multimóveis, from the southern state of Rio Grande do Sul, has already settled deals of US$ 250,000. The Movexport consortium, from the southeastern state of Minas Gerais, will inaugurate a showroom in Dubai, in the United Arab Emirates.

Agência Brasil Moscow (Russia) – Today marks the start of the "Brazil-Russia Fashion" exposition, a presentation of Brazilian jewelry, clothing, footwear, and cosmetic products. The event began with a fashion show including pieces designed by Alexandre Herchovich, Amir Slama, and Walter Rodrigues, famous Brazilian designers. The exposition is sponsored by the Export Promotion Agency (Apex),

Industry Americanflex sold eight containers of mattresses and furniture and decoration producer Antiqua has already sold all the products exhibited at Index. The first day of the largest furniture and decoration fair in the Middle East, to go on up to Sunday, made it possible for the 35 Brazilian companies exhibiting in Dubai to establish around 500 new contacts.

Worried about being too dependent on oil, the Arab countries are interested in Brazilian technology. According to the special consultant at the Manaus Free Zone Superintendence, Khaled Sarout, Brazil is interesting for the Arabs since it is a potential exporter in this sector. The industrial pole in Manaus holds 430 companies, most of the in the technology sector.