An agreement between Apex and Cecompi aims at expanding Brazilian aerospace sector exports. The United Arab Emirates will be among the priority markets for the industry between 2011 and 2012.
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Foreign sales of assembled light vehicles, buses and lorries fell 2% in Q1 2011 as against Q1 2010. To the Vehicle Manufacturers Association, low competitiveness and exchange rates hindered sales.
The main business exhibition in Algeria should take place from June 1st to 6th. The five year plan of the country forecasts investment of US$ 286 billion in several areas.
A company in the sector promises to invest US$ 621 million in coming years to purchase trains and build terminals. An organisation in the ports sector should boost operation in Santa Catarina.
The aim is to discuss, with other hospitals in São Paulo, the establishment of a crisis management network.
Africa was the second top target of foreign investment by China from 2003 to 2009. The leading destination in the region was South Africa, but Algeria and Sudan received capital as well.
Flights between Rio de Janeiro and Dubai will start on January 3rd, 2012 and should include an extension to Buenos Aires. Ticket sales will begin next week.
According to the National Treasury secretary, Arno Augustin, Brazil should issue bonds abroad whenever foreign market conditions are beneficial.
Dubai-based air freight company already offers two weekly flights between the Emirates and Campinas. To the company’s vice president, Ram Menen, trade with Arabs justifies the investment.
The country exported the equivalent to US$ 1.14 billion to the region last month, 23% more than in February and 25% more than in March 2010. In the quarter, sales rose 38%.
The OECD disclosed on Tuesday a report showing that there is a tendency for average growth of 3% in the economies of the countries of the G7 in the first half of this year.
The upgrade of Brazil by Fitch Ratings may increase the inflow of foreign currency into the country. To the minister of Finance, Guido Mantega, it is an acknowledgement of the economy’s solidity.
Fitch Ratings agency points out that the country boasts sustainable growth and is able to resist an eventual economic crisis.
Professionals from 28 countries in Africa are participating in a course about food production. Among them are technicians from five Arab countries, learning about maize and soy cultivation in Brazil.
