Browsing: Agribusiness
From the newsroom São Paulo – Japan will invest in Brazilian research and production of alternative fuels. Eight technicians from the Japan Bank for International Cooperation (JBIC) arrived in Brazil yesterday (19) to learn about the potential for Brazilian biofuel production and evaluate the approval of a US$ 600 million loan. The Japanese money should
Revenues totalled US$ 1.285 billion, or 69% of all Brazil shipped to the region in the same period. The main destinations were Saudi Arabia, Egypt, the United Arab Emirates, Morocco, Algeria, and Syria. Among the products most sold are sugar, chicken, cattle beef, wheat, soy, and coffee.
The "Brazilian Fruit Festival," a partnership between the Brazilian Export Promotion Agency, the Brazilian Fruit Institute and Carrefour supermarkets, will promote and sell national fruit in countries in which Carrefour operates, like the United Arab Emirates, Qatar and Oman.
The sector registered a US$ 16 billion surplus in the first half. The surplus of the entire trade balance totalled US$ 15 billion in the period. The National Confederation of Agriculture and Livestock (CNA) believes that the sector surplus should reach US$ 30 billion by the end of the year. However, positive foreign trade figures alone do not guarantee country development.
Agência Brasil Brasília – The Brazilian agribusiness sector should export goods worth a total US$35 billion in 2004, according to projections by the Agricultural Confederation (CNA). If that really happens, it will mean an increase of US$5 billion over last year. In the first half of this year, sector exports reached US$18.4 billion, up 36%
Agência Brasil Brasília – Brazilian exports of sugar may get a boost following the decision by the European Commission to reduce its subsidies on sugar gradually. The EU faces a number of complaints at the World Trade Organization as a result of its agricultural subsidies. According to the Brazilian minister of Agriculture, Roberto Rodrigues, the
Slaughterers qualified to do so according to Islamic rules will be available 24 hours a day in 30 producing units of Brazilian Beef Industry and Exporters Association (Abiec) associates. Egypt and Saudi Arabia are among the main buyers of the Brazilian product.
The Arab country answers to 23% of Brazilian shipping, and has multiplied import between January and May this year by four. So as to sell more, six Brazilian companies are establishing a company turned to the export of fertilized eggs for meat chickens.
Technicians with college-level education will also be hired to work in the area.
