The information was culled from the Brazilian Statistics Institute’s Monthly Trade Survey, disclosed today. There was growth of 1.4% from September to October and of 8.4% compared with October 2008.
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Foreign sales of the product totalled US$ 115 million last year. From January to November, exports generated US$ 1 billion, which represented reduction of 42%.
Book ‘Cuisine and Renal Therapy – Flavours for a Thousand and One Nights’ adapts Arab recipes to the diet of patients with chronic renal disease. It was written by doctors, nutritionists and chefs.
Brazilian president Luiz Inácio Lula da Silva stated that the country is in a comfortable position after the population started to increase its consumption, in December 2008.
The US$ 4 million deficit was the result of exports of US$ 3.212 billion and imports of US$ 3.216 billion, according to the Ministry of Development, Industry and Foreign Trade.
In the next two years, the Brazilian company has firm orders for E-Jets from airlines in Saudi Arabia, Egypt and Oman. In the Middle East, there already are 35 commercial aircraft in operation.
The Brazilian Vanessa Araújo, nominated for the Unctad’s Empretec Women in Business Award, has exported her coffee cosmetics to the Netherlands and Portugal. Now, she is prospecting the Middle East.
The company is specialized in bodies and semi-trailers for agro industrial equipment and should have representation in North Africa. There are expectations regarding sales of water tankers to Iraq.
Arab Brazilian Chamber chairman Salim Schahin said today that the organisation is working on expanding the interest of Middle Eastern investors in the country, especially in infrastructure.
Finance minister Guido Mantega said the discrepancy between growth of the GDP and the forecast by the economic team is due to a change in methodology used by the IBGE, which calculates the figure.
The country’s GDP increased over the previous quarter’s and totalled US$ 452 billion, according to Brazilian Statistics Institute data. The best performance was the industry’s, whose output grew 2.9%.
The aviation company believes that there are opportunities both in the executive and commercial areas in the Middle East. Company executives bet on growth of air transport there.
Domestic market revenues for the company should reach US$ 500 million this year, a figure equivalent to 10% of total revenues, as against 4% last year.
Finance minister Guido Mantega announced today the addition of US$ 45 billion to Brazilian Development Bank financing lines, plus fiscal incentives to some sectors and extended stimulus programs.
