Brazilian President Luiz Inácio Lula da Silva is going to approve, up to the end of this month, five provisional measures to benefit companies that work in foreign trade. The measures, which involve tax reductions, are going to reduce the cost for installation of industrial units, accelerate decisions for investment in the country and sponsor exports.
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The result was influenced by oil shipping, which generated US$ 291 million, the largest monthly value since July 2002. In total, foreign sales from the state of Rio de Janeiro totalled US$ 683.6 million in the month and reached US$ 2.142 billion this year to date.
Agência Brasil Brasília – More than 400 entrepreneurs will accompany President Luiz Inácio Lula da Silva on his official trip to South Korea and Japan. 190 entrepreneurs confirmed they will go to South Korea, and 242, to Japan. President Lula will depart on May 24th. According to the Director of the Trade Promotion Department at
This performance means a growth of R$ 5.7 billion (US$ 2.3 billion) when compared to the same period in 2004, and was influenced by the increase in the prices of the commodity. On May 12th, for the first time, company production exceeded 1.8 million barrels a day, reaching Brazilian consumption, but self-sufficiency has not yet been reached as average production has not yet arrived at this level.
The oil company will invest US$ 6 billion in the state up until 2010. This year US$ 1 billion will be invested. The beginning of operations on platform P-34, currently being redone, should make the state of Espírito Santo the second greatest oil producer in the country already next year. Today, in spite of having the second greatest volume of reserves of the commodity, the state is the sixth producer.
Brazilian sales revenues to the 22 Arab countries in the League of Arab States rose 18% between January and April, more than the 12% to 13% forecasted by the Arab Brazilian Chamber of Commerce for the year. The tendency, according to Antonio Sarkis Jr., the president of the organization, is that the shipping should rise even more in the second half of this year. In April, the growth was 53%.
Agência Brasil Rio – The number of new jobs generated in industry dropped 0.2% in March, when compared to February, in 11 of the 14 regions included in the Monthly Industrial Job Research of the Brazilian Institute of Geography and Statistics (IBGE). When compared to March of last year, however, there was an increase of
The units will operate in the cities of Aquiraz, Aracati, Barreira, Granja, Ocara and Tucuru. They should revitalise the regional economy. Each one will have the capacity to process 208 tonnes of the product per year.
The Syrian delegation, which participated in the business roundtables between Brazilians and Arabs, in São Paulo, had a meeting with directors of the Arab Brazilian Chamber of Commerce on Friday. They want to buy more from Brazil and discuss forms to simplify trade.
Isaura Daniel* São Paulo – The Integration Director of the Gulf Cooperation Council (GCC), Abdel Aziz Abu Hamad Al Waishfez, believes the partnership with South America should reach US$ 3.8 billion yet this year. The GCC and the Mercosur signed during the Summit of South American – Arab Countries, which ended yesterday in Brasilia, a
Marina Sarruf* São Paulo – "All aims related to Brazilian trade with the Arab countries have been met and surpassed in the last years," stated the president of the Arab Brazilian Chamber of Commerce (CCAB), Antonio Sarkis Jr., in the Brazil-Arab Countries Business Meeting, in São Paulo. According to Sarkis, the exports in the first
