Browsing: Economy

The Brazilian capital will host the initiative from November 29th to December 4th. The programme includes an economic forum, shows by artists, cinema exhibits and handicraft, among other attractions.

The leading wholesale target for the Rio state-based company Sianinhas is the United Arab Emirates. Following successful sales to the Arab country, it has begun exporting to New Zealand and Portugal as well.

A Fund report estimates expansion of 3.7% this year and over 4% next year in the countries of the region. The challenge is to generate employment for natives in the private sector.

According to the Brazilian Ministry of Development, Industry and Foreign Trade, a US$ 808 million surplus was posted in the third week of November, but there is still a US$ 105 million deficit year-to-date.