Browsing: Economy

São Paulo – Volkswagen Brazil is negotiating the sale of Voyage vehicles to Iraq. According to an article on website G1, the value of the deal should exceed 250 million Brazilian reals (US$ 142 million). The vehicles should be used for renewal of the taxi fleet in the country, to be financed by the government

Foreign sales of the Brazilian petrochemical company rose to US$ 579 million in the third quarter of this year due to higher prices of resins on the international market.

Brasília – The Brazilian trade surplus grew 7.5% for the year-to-date through October 31st, totalling US$ 22.599 billion. Figures announced today (3rd) by the Brazilian Ministry of Development, Industry and Foreign Trade show that exports from January to October were equivalent to US$ 125.879 billion and imports, to US$ 103.280 billion. During the period, exports

José Goldenberg, nuclear physicist and former minister of Education, stated that the pre-salt discovery will take 10 years to yield results to Brazil, and will enable the country to produce a surplus.

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.