Browsing: Economy

Brazilian shipments to the region yielded US$ 441 million last month. Brazil earned about US$ 100 million more with sales to the Arabs in November this year when compared to the same month in 2004. Imports, in turn, increased 41%, boosted by sales of countries that are oil producers, such as Iraq and Algeria.

From the Newsroom* São Paulo – Braskem, the Latin American leader in the petrochemical sector, is investing approximately US$ 35 million in the expansion of their isoprene production capacity. The company unit that makes the product is located in the northeastern Brazilian state of Bahia. Isoprene is used in the production of adhesives that are

On Thursday the first of 15 Embraer 170 jets ordered by Saudi Arabian Airlines should be delivered. The economic growth of the region, caused by appreciation of oil, is warming up the airline market and the company hopes to do new business in the short term. The aircraft maker sold two executive jets to the United Arab Emirates and hired an exclusive sales manager in Dubai.

Agência Brasil Brasília – Minister of Foreign Relations, Celso Amorim, sent a message to worried members of the industrial sector that all Brazil will do at the 6th Ministerial Meeting of the World Trade Organization in Hong Kong this month is present a proposal to lower the average import tariff for the sector from 10.8%

From the Newsroom* São Paulo – Brazil imported the equivalent to 13.9 million pairs of shoes between the months of January and October this year. This total represents an increase of 98% over the same period last year, when just seven million pairs were imported. China was the main supplier and answered to 69.8% of

From the Newsroom* São Paulo – Brazilian exports generated US$ 10.79 billion in November, a growth of 32% in comparison to the same period last year. Imports, in turn, totalled US$ 6.7 billion, 10% more than in November 2004. The trade balance in the month was US$ 4.09 billion favourable to Brazil. The figures were

The products made in the city of Caicó, in the region of Seridó, a semiarid region that covers part of the northeastern Brazilian states of Rio Grande do Norte and Paraíba, will be shipped to Paris in the coming days. The first export of the local association of embroiderers was closed through the Bank of Brazil International Trade Bureau operation.

Geovana Pagel, special envoy* Rio de Janeiro – The establishment of a partnership between the Federal Data Processing System (Serpro) and the Ministry of Transportation of Brazil for the development of the Sisportos Portal, to link the main Brazilian ports through a digital network, was published on in the Brazilian Official Gazette on Friday (25).

Geovana Pagel* Rio de Janeiro – The executive secretary of the Ministry of Development, Industry and Foreign Trade, Ivan Ramalho, stated that the production of manufactured products of high technological added value needs the support of an efficient financial system. The statement was made today (25) during the panel "The governmental mechanisms for financing exports

Agência Brasil Rio – The president of Petrobras, José Sérgio Gabrielli, says that self-sufficiency in petroleum production should be reached next month when production levels are at 1,810,000 barrels daily. Gabrielli went on to say that with the inauguration of the P-50 platform, which took place yesterday (23) in the presence of president Luiz Inacio