The Arab country is one of the markets in which the sector will develop trade promotion this year and next. There should be an event to strengthen the image of Brazilian shoes in 2014.
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In an event turned exclusively to associates, CEO Michel Alaby should discuss financial sceneries and business possibilities with the Arab countries. The talk is scheduled for Wednesday.
A Precautionary Stand-By Arrangement is being discussed, meaning that the country does not plan on borrowing the funds, but may do so if it needs to.
In December, Brazil attained a record-breaking production average of 76.2 million cubic metres per day. It was the third consecutive month of increased extraction.
The airline from Abu Dhabi made 200% more. Revenues grew 17% and the company attributed the result to partnerships with other airlines.
Financial market analysts have maintained estimates for growth of the Brazilian economy in 2013, according to the Central Bank.
According to the Brazilian Geography and Statistics Institute, there was a 2.7% decline from 2011, the first one since 2009. Activity was down in 17 of the 27 sectors surveyed.
Promoted by the World Trade Organisation, the event takes place up to the 11th, and will debate themes like trade partnerships, product chain and technological development.
The government authorized the company to buy the product abroad for another two years, with the objective of guaranteeing supply to thermal electric plants. Brazil’s main supplier is Qatar.
Exports to the Middle East and North Africa grew 17.8% in 2012. The main destinations were Saudi Arabia, the Emirates and Algeria. Brazilian imports rose 2.3%.
According to information released by the company, 85.5 million tonnes were produced in Q4 2012, the first increase in output during the period since 2003.
Brazil’s Tourism Ministry will provide US$ 12.7 million for 18 training agreements for personnel to service foreign tourists. Most will receive language training.
In Brazil, rising imports and dipping exports led to a US$ 4 billion deficit during the month. Purchases from the United States, Middle East and Africa were up January-on-January.
In Brazil, rising imports and dipping exports led to a US$ 4 billion deficit during the month. Purchases from the United States, Middle East and Africa were up January-on-January.
