The northeastern Brazilian state of Pernambuco broke export records in the first half of 2005, presenting growth of 77% over the same period last year. The main product in the state export basket was sugar, which presented growth of 27% in the first six months of 2005, but greater added value products also played an important part.
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Brazil shipped the equivalent to US$ 23.4 million in replacement parts to the region between January and May this year. But those operating in the sector still have the potential to expand the business. In May, ten Brazilian companies participated in Automechanika, a fair in the sector that takes place in Dubai. Next year, the event is going to have the support of the Arab Brazilian Chamber of Commerce.
The country went up from the 15th to 14th position amongst the greatest economies of the world, according to information disclosed this week by the World Bank. In the evaluation by specialists heard by ANBA, this contributes to a better image of Brazil abroad and improves the chances of attracting investment.
To the president of the Arab Brazilian Chamber of Commerce, Antonio Sarkis Jr., this is the first symptom of the potential the shoe industry of Tunisia may represent as an importer. Up to the end of the year, the CCAB should organize a mission to the Arab country so as to analyse the sector.
Agência Brasil São Paulo – A top official in the European Union says she hopes the Biregional Association Agreement between the EU and Mercosur will be ready in time for the 4th EU-Latin American-Caribbean Summit which is scheduled to take place in May 2006 in Vienna. The EU commissioner for Foreign Relations, Benita Ferrero-Waldner, says
Agência Brasil Rio – The Brazilian industrial sector output rose for the third consecutive month in May, reports the government statistical bureau (IBGE). Production was up 1.3%, compared to April, and 5.5%, compared to May 2004. The coordinator of the IBGE monthly industrial sector survey, Isabella Nunes, says "The numbers reflect a positive economic scenario,
Agência Brasil Brasília – Yesterday the ministers of Agriculture of Brazil, Roberto Rodrigues, and India, Sharad Pawar, met in Brasilia to discuss their experience in agriculture and sign specific agreements on the importation of zebu embryos from India (which will increase genetic diversity in Brazil) and the export of Brazilian sugar and sugarcane-based fuel and
Brazilian fishery Gomes da Costa, a traditional producer of canned tuna and preserves, recently started selling to the region. The first destination was Palestine, the next shall be Libya. The company expects that in three years the Arab countries will be consuming 20% of their exports.
Brazilian carmaker foreign sales generated US$ 5.07 billion in the first half, an increase of 36.6% in comparison to the same period last year. According to the president of the Anfavea, Rogelio Golfarb, the shipments caused an increase in production, which reached 1.202 million cars, light commercial vehicles, lorries and buses.
