Organic Foods and Café is participating in the business roundtables at Biofach, which is taking place in São Paulo. The company plans to increase its purchases by up to US$ 3 million a year.
Browsing: Economy
According to a research by the National Confederation of Transport, the country needs this volume to recover roads in bad conditions. Most are in the North.
The state, which concentrates national production in the sector, sold 264 motorcycles to the Arab country this year. Competition with China and India makes greater sales to the region difficult.
An agreement between Petrobras and the Sebrae has already qualified 2,300 Brazilian small companies to supply oil and gas. They are also prepared to operate abroad.
The Brazilian government has reduced the import tax for one of the varieties of tripolyphosphate that the country buys from abroad, from 10% to 2%. Tunisia is one of the suppliers of the product.
The country expanded imports of aniseed from the Arab world by 90% from January to September. The main supplier, in the region was Syria.
According to Euromonitor, expansion of urban life and the middle class, greater credit and more youngsters should make the country a greater consumer reference in Latin America by 2020.
The investment of foreigners in shares in Brazil totalled US$ 8.7 billion. The value, from early this year to last week, is the highest since 1947, according to the Central Bank.
Nicolas Eyzaguirre, the director of the Western Hemisphere Department at the IMF, states that the growth forecast for the country should be revised up.
Emerging economies should grow faster than developed countries, according to an IMF report. The recovery of prices of agricultural products, that both regions produce, should help.
The volume of foreigners investing in Brazilian treasury bonds was record in September. They had 7.15% of the total, or 95.96 billion Brazilian reals.
The sector should receive US$ 47 billion by 2013, according to figures supplied by the Ministry of Mines and Energy. Brazil has 7,000 mines with extraction of ores like iron, gold, copper and zinc.
A research by YouGov.com shows that 48% of the Egyptians believe in the improvement of the conditions in their country. One third also said they suffered no losses with the economic crisis.
The Foreign Trade Meeting, to take place in São Paulo, should include a talk about exports to the Arab countries today. The speaker should be Rodrigo Solano, from the Arab Brazilian Chamber.
