Brazilian exports to the Arabs soared from US$ 2.6 billion to US$ 14.8 billion in ten years, a near-sixfold increase. ANBA has kept abreast of the progress of business.
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ANBA will turn ten this Tuesday (17th). The news website of the Arab Brazilian Chamber has witnessed one of the most fruitful periods in ties between the two peoples.
A higher tax will be levied on the product’s imports from China, South Korea, Thailand and Taiwan for up to four months due to Brazil’s provisional antidumping rights.
In the first two weeks of the month, the country posted a R$ 916 million surplus. Exports stood at US$ 9.992 billion and imports amounted to US$ 9.076 billion.
The country is calling on enterprises to pre-qualify for a tender to supply intelligent transportation systems. Interested companies may submit their bids up until October 13th.
The items are part of the Spring-Summer collection, which hit the stores last month. Earthy tones like beige, coral and orange are reminiscent of the Moroccan city’s hot weather.
Foreign sales revenues amounted to US$ 92.6 million in August, up 9.3% from August 2012. Revenues have also increased year-to-date.
The Brazilian economy was down 0.33% from the preceding month, according to Central Bank measurements. In June, the economy picked up by 1.03%.
According to a survey conducted by the OECD, Brazil’s gross domestic product was up 0.9% in quarter two, as against 0.6% in quarter one. The country had the group’s third highest rate.
A document on Gaza and the West Bank claims that a growth plan may be implemented in the region, provided that peace talks move forward.
Such was the forex flow deficit in the first week of the month alone. Year-to-date, the country is still running a surplus dollar inflow, according to information from the Central Bank.
World Luxury Expo will be held in Abu Dhabi, Doha, Kuwait City, Riyadh and Jeddah. The exhibition will feature brands like Porsche and Steinway & Sons and will be for guests only.
The Eclac forecasts that foreign sales from the region will grow at a similar rate to last year’s 1.4%. The organization expects Brazil’s figure to be down 0.1% this year.
Abu Dhabi-based holding company and Netherlands’ Trafigura have signed an exclusivity agreement with Eike Batista’s mining company to acquire Southeast Superport.
