The figure is much higher than 2008’s, when company sales to the Arab country totalled US$ 25 million. In products, the company forecasts exports of approximately 1,500 semi-trailers and 10 trucks.
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The imported liquefied natural gas arrived in Brazil in vessels in the liquid form and should be regassified. The gas should be used for production of electric energy in two mills in Ceará.
Government started requiring previous licensing for purchase of nearly all products imported by Brazil. Minister claims technical need for reviewing statistics.
The growth over 2007 was 30.3%. In December alone, the volume of funds entering the country reached US$ 8.1 billion. These funds are turned to several different sectors.
The strategy is aimed at reducing dependence on countries like Russia and the Ukraine. Egypt, Jordan, Syria and Iraq, as well as other nations that produce oil, should be among the suppliers.
Brazilians interested in learning English in a country different from the traditional ones may count on a package by Intercâmbio e Cia., from São Paulo, which offers six-week courses in the emirate.
Brazilian exports of the product to the Arab market last year totalled US$ 3.38 million, growth of 30% over 2007. Libya, Saudi Arabia and the United Arab Emirates were the main destinations.
The financing by the Brazilian Development Bank in 2008, added to the counterparts by companies, resulted in total investment of US$ 72 billion, guaranteeing generation or maintenance of work posts.
The sector association plans to invest more in trade promotion in the region, which is considered strategic. Last year, textile exports to the Arabs generated around US$ 32 million.
Fund injection into the bank by Treasury was confirmed today by the minister of Finance, Guido Mantega. The capital is going to fund projects for gas, oil, electric power, machinery and equipment.
According to the Brazilian Institute for Geography and Statistics (IBGE), the percentage of unemployed persons in 2008 was 7.9%, the lowest since 2002.’
Elected yesterday, Salim Taufic Schahin wants to focus on attraction of investment to Brazil and, on Saturday, leaves on a trade mission to North Africa, organized by the Ministry of Development.
Brazilian foreign sales of the product totalled US$ 114 million in 2008. The main markets were Angola, Paraguay, Argentina, Uruguay and the United States.
Exports from Brazil to the region totalled US$ 36.4 million in 2008. The increase countered a trend of decrease in total shipments. Another highlight was the performance in sales to Italy.
