In January and February 2013, the terminal handled 15.5 million tonnes of cargo, up 15% from January and February 2012. The Port has been receiving larger ships.
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Revenues from Brazilian exports to countries in the region amounted to US$ 2.2 billion in January and February. Imports stood at US$ 1.46 billion, up 20%.
The country sold primary products with lower added value than in February. The movement was fostered mainly by metals, which includes iron ore and bauxite, among others.
Inbound US dollars exceeded outbound by US$ 391 million in March in Brazil, countering January and February results.
The government aims to increase the total the country has in foreign currency from US$ 13.5 billion to US$ 16 billion by late June. An IMF delegation should arrive in Cairo on Wednesday. Total of the agreement may change.
Production of capital goods grew from January to February this year. It was the only industrial sector to present a positive result in the period.
The latest edition of Arab Chamber TV features the talk ‘Economic Scenarios of Arab Countries in 2013,’ Palestine’s status as a UN observer state, Brazil’s trade relations with the Arab World, an interview with Fabio Saldanha of the company Quickly Serviço, and Arab influence in samba music.
The Consumer Expectation Index was up in March following three straight months on a downward curve, according to the National Confederation of Industry.
Foreign sales from Brazil averaged at US$ 19.323 billion in March, down 7.6% from March 2012. The average per working day, however, was US$ 966.2 million, up 1.6% from March last year.
Although it has been completed, the new terminal in Doha does not meet safety requirements of the Civil Defence Department.
Importation of chemicals grew by 15.9% in the first two months of 2013, strongly influenced by products used in fertilizer manufacturing. Output and sales declined for the industry in Brazil.
A technical mission will travel to the country ‘in the first days of the month’ to resume talks with local authorities on a US$ 4.8 billion loan. The austerity level required is a pending matter.
International Monetary Fund claims that the practice is detrimental to countries’ economies and that the funds could be spent on social actions. Arab countries spend the most on subsidies.
The state governor and the president of the aircraft maker in Brazil have signed a MoU to train Brazilian professionals on soldering systems that may also be used in the naval industry.
