The BNDES’ Paulo Rabello de Castro said USD 15 billion worth of investment in the bank is expected in the next five years, and one third of it could come from Arab countries.
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Brazilian president said, during the forum organized by the Arab Chamber, that the future of the country’s relations with the region will be even more prosperous.
At a lecture during the Brazil-Arab Countries Economic Forum, Henrique Meirelles of Brazil indicated that Gross Domestic Product might expand by more than the government’s official 3% forecast.
A survey reported by the Arab Chamber shows the potential of the tourism sector to the relations between the two regions.
During the Brazil-Arab Countries Economic Forum, the Arab League’s assistant secretary-general for Economic Affairs, Hassan Ali, said that to expand trade relations and investments is ‘a major goal’.
In launching the Brazil-Arab Countries Economic Forum this Monday (2) in São Paulo, the Arab Brazilian Chamber of Commerce’s president outlined a promising outlook for Brazil-Arab ties, while the General Union’s chairman suggested creating a bank to fund projects.
Brazil’s Michel Temer and Henrique Meirelles will speak at the Brazil-Arab Countries Economic Forum next Monday afternoon in São Paulo.
Brazil shipped USD 1.82 billion worth of goods to the Middle East and North Africa in the first two months of this year.
A consortium formed by Qatar Petroleum and Exxon Mobil won exploration rights for two Santos Basin and two Campos Basin oil blocks.
Event at the Arab Chamber next Tuesday (03) will gather Brazilian and Jordanian businesspersons to discuss trade and investments possibilities. Registrations are open.
Foreign machinery sales by the Brazilian industry totaled USD 1.67 billion in the first two months.
In its second review of the country’s economic reforms program, the International Monetary Fund recommended actions including strengthening tax collection and hiking fuel prices to balance out the budget.
Business meeting organized by the Arab Chamber will be held at Hotel Unique in São Paulo. Check out the themes and learn how to attend.
Brasília – Brazil’s National Industry Confederation (CNI) presented its 2018 International Industry Calendar, comprising 98 priority actions intended to streamline foreign trade, eliminate paperwork requirements and modernize Brazil’s trade policy. According to the CNI, the priorities have been set through ample consultation with federations, associations, employer unions and companies of all sizes. When it comes
