Agência Brasil Brasília – The World Trade Organization has authorized Brazil to retaliate against the United States because of what is known as the Byrd Amendment. That piece of legislation makes it possible for US producers to receive part of assessed and collected dumping duties in cases where they bring dumping charges against foreign exporters.
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The Brazilian mining company and industry, which belongs to mining giant Vale do Rio Doce and BHP Billiton, is going to supply 1.7 million tonnes of iron pellets to Qatar Steel Company, a state-owned company, up to 2010. In current figures, the value of the deal is around US$ 80 million, but it may vary according to fluctuation of the price of the product on the foreign market. Nowadays the Arab market absorbs 22% of company production.
Agência Brasil Brasília – Minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, says that Brazil should take advantage of the cheaper dollar and strengthen its reserves, boost trade and pay off dollar debts, especially companies in the private sector. Furlan also announced that the government should announce measures to stimulate industrial and commercial
This information was announced by Mourad Cherif, president of the OCP, a group that operates in mining, processing, and trade of phosphates and derivatives. He headed a delegation of businessmen from the Arab country who visited São Paulo, the largest business centre in Brazil, to participate in business roundtables. The meetings took place in parallel to the visit by Moroccan king Mohammed VI to the country. Cherif, who has already been the head of three Moroccan ministries, also informed ANBA
Agência Brasil Brasília – Speaking at the inauguration of four new turbines at the Tucuruí power plant in the state of Pará, in northern Brazil, president Luiz Inácio Lula da Silva declared that the country now has a new model for the electricity sector which will attract more investments, give the sector more operational freedom
Agência Brasil Brasília – With the creation of 130,159 new formal-market jobs in October, an increase of 0.52% compared to September, a cumulative total of 1,796,347 jobs have been created this year, January to October, in Brazil. According to minister of Labor, Ricardo Berzoini, most of the new jobs have been in the manufacturing, commerce
This statement was made to ANBA yesterday by Foreign Trade secretary Ivan Ramalho, at the opening of the 24th National Foreign Trade Meeting (Enaex). This year, sales to the Arabs should grow 48% whereas, in general, the export increase should be around 28%.
Company estimates show that 7,800 jets with capacities for between 30 and 120 passengers should be sold worldwide up to 2024. The company believes that the United States should remain as the main market for the sector, followed by Europe, Africa and the Middle East, Asia and the Pacific, China, and Latin America.
The 24th National Foreign Trade Meeting (Enaex) begins in São Paulo today (22). The three thousand businessmen to participate in the meeting will be discussing how to maintain Brazilian export high in a year in which the World Bank forecasts a reduction of expansion of world trade. China has already increased its interest rates and the United States should continue increasing theirs, decelerating global consumption. One of the alternatives is to seek alternative markets, like those of the Arab c
Agência Brasil Rio – The level of employment in Brazilian industry grew 1% in September, compared with August. This was the fifth straight month of growth, which has totaled 3.5% since April. These data are from the Survey of Employment and Salaries in Industry, released today (19) by the Brazilian Institute of Geography and Statistics
Agência Brasil Buenos Aires (Argentina) – Total exports from Mercosur to Cuba reached US$154.2 million between January and August of this year, an increase of 168%, compared to the same períod 2003. Out of that total, Brazil exported 55.1% and Argentina exported 41%. With regard to imports by Mercosur from Cuba, the total was US$32.5
A group of 13 franchises will receive government support to take their brands outside the country. On Friday, the Brazilian Export Promotion Agency (Apex) and the Brazilian Franchising Association (ABF) made official the agreement that foresees investments of US$ 652,200. The money will be spent on advertising and in participation in world trade shows in the sector.
A group of 13 franchises will receive government support to take their brands outside the country. On Friday, the Brazilian Export Promotion Agency (Apex) and the Brazilian Franchising Association (ABF) made official the agreement that foresees investments of US$ 652,200. The money will be spent on advertising and in participation in world trade shows in the sector.
