Browsing: Economy

Shipments of agriculture and livestock products from Brazil to the Arab countries increased by more than 10% between January and June and reached US$ 1.6 billion. And the second semester is promising: with the opening of the Egyptian market to poultry imports, the president of the Brazilian Poultry Exporters Association, Ricardo Gonçalves, believes it is possible to export 100,000 tonnes per year to the country.

According to the president of the Arab Brazilian Chamber of Commerce, Antonio Sarkis Jr., there will be 1,500 Brazilian companies up to the end of the year, against 1,200 in 2005. Still for this year, the entity is going to organise actions for trade promotion directed at products and services with high added value, like construction and furniture.

Agência Brasil* Rio de Janeiro – Transpetro, subsidiary of the Brazilian oil company Petrobras for the logistics and transportation sector, announced yesterday (12) the conclusion of negotiations with the Atlântico Sul consortium for building ten large sized oil tankers, of the Suezmax kind (with draft to sail by the Suez Channel). They also ended the

Barion, factory of chocolate and wafers from the southern Brazilian state of Paraná, sells to Yemen, Jordan, Morocco and Palestine and now wants to enter Saudi Arabia, Syria and Lebanon. The company is going to participate in the Damascus International Fair, which takes place in September.

From the Newsroom* São Paulo – The Brazilian trade balance registered a surplus of US$ 1.693 billion on the first week of July, according to information released by the Ministry of Development, Industry and Foreign Trade. Exports added up to US$ 3.5 billion between the 1st and 9th of July and imports US$ 1.8 billion.

From the Newsroom* São Paulo – The Italian carmaker Fiat, which has factories in Brazil, was the leader in car and light commercial vehicles sales in Brazil in the first semester of the year. The company sold 201,120 units, corresponding to 24.6% of the market. Sales increased 6% over the same period in 2005. Amongst