The entry of foreign direct investment in the country, which is already growing strongly, is going to expand even further in coming years. This is the evaluation of the president of the Brazilian Society of Transnational Corporations and Economic Globalization (Sobeet), Luís Afonso Lima.
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According to a survey conducted by the United Nations Conference on Trade and Development (Unctad) among 192 multinational companies, Brazil only loses to India, China, the United States, and Russia in a list of most attractive countries for foreign direct investment (FDI). The survey also shows that the global FDI flow should increase in the coming years.
Sequins, rings, chains, mother of pearl and crystals. The Lybethras bikinis and bathing suits include all these details. The brand, specialised in luxury beach fashion, exports to 22 countries, including the United Arab Emirates. The next step for the company is entry into the whole of the Middle East.
Countries in the Middle East and North Africa are at the top of the list of markets to be worked by the Integrated Sector Project launched yesterday in São Paulo, southeastern Brazil. With the target of developing Brazilian exports of cleaning products, the plan forecasts investment of 2 million Brazilian reais (US$ 1.1 million) in international fairs, training courses, business roundtables and market research.
Ravenna Mosaicos, from the southeastern Brazilian state of São Paulo, sought inspiration in the art of the Mosques of the Arab country to develop its products. The company makes products like tabletops, flooring and wall panels with mosaics, whose drawings recall geometric themes present in the sacred constructions of Morocco.
The Federation of Industries of the State of Paraná is organizing a mission to the Emirates, Syria and Egypt, between November 22nd and December 04th. The objective is to present to construction sector businessmen from the state of Paraná (southern Brazil) the opportunities there are in the area in those markets.
The figure is the total of annual imports of Kuwait, Qatar and the Emirates, countries to be visited by a delegation promoted by the Arab Brazilian Chamber of Commerce and the Brazilian Export and Investment Promotion Agency in November. On Thursday, during a seminar in São Paulo, businessmen interested in participating in the delegation learnt more about the size of the market in the region.
The Arab Brazilian Chamber in partnership with the Brazilian Export and Investment Promotion Agency is launching today, with a seminar, a trade delegation to the Gulf, to take place between November 18th and 30th. Over 70 companies have enrolled to participate in the meeting to provide an economic panorama of the three countries to be visited, Kuwait, Qatar and the United Arab Emirates.
The project developed by the Brazilian Textile and Apparel Industry Association and the Brazilian Export and Investment Promotion Agency was established in 2001 to stimulate sector exports. From then on, 980 companies have already participated in actions promoted by the organization. For 2008, the association forecasts a trade mission to Dubai.
Cheese bread, guava, juice and fruit jams are some of the genuinely Brazilian products selected for the Ethnic Brazil Project to be promoted abroad. Planned by the Brazilian Association of Exporters and Importers of Food and Beverages (ABBA), with the support of the Brazilian Export and Investment Promotion Agency, the project will have its first actions in October. The Arab countries are among the list of potential importers.
Janimar, a garment manufacturer from the southernmost Brazilian state of Rio Grande do Sul, is attracting the attention of the Brazilian market through the production of underwear made out of bamboo fibre. The articles are ecologically correct, as the plants take less time to grow than do other kinds of trees out of which viscose is made. Next year, Janimar intends to seek buyers for the product among the Arab nations.
Santo Antônio Egg Farm, from the southeastern Brazilian state of Minas Gerais, is doubling exports to a food industry in Jebel Ali, in the United Arab Emirates, this month. Approximately 1.8 million eggs will be shipped. The Arab country is the main destination for company exports.
The company, based in the southern Brazilian state of Santa Catarina, exported 24 packing machines and 14 baling machines to a sugar plant under construction in the Arab country. Now, it seeks a local partner to establish a representation and technical assistance office in Egypt. The Arab market will be the focus of Raumak for 2008.
Egypt and the state of Santa Catarina (in southern Brazil) have a potential for increasing their bilateral trade, which stood at US$ 8.5 million in 2006. One such opportunity is in the textile sector, as companies in the southern Brazilian state are working hard to produce higher value-added products, and the Egyptians have high quality raw material in the field. The theme was the subject of a meeting held yesterday at the offices of the Federation of Industries of the State of Santa Catarina, i
