From the Newsroom São Paulo – The Brazilian government is going to make an emergency investment of around US$ 17 million for works on Brazilian ports. This measure was announced yesterday by minister of Development, Luiz Fernando Furlan, during a National Industrial Development Council (CNDI) meeting. An organization work group that visited 11 ports in
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From the Newsroom São Paulo – Yesterday (31), the World Trade Organization (WTO) authorized Brazil, the European Union, Mexico, Canada, Japan, Chile, South Korea and India to retaliate products from the United States in US$ 150 million. This measure was taken because of the antidumping measures applied by the North Americans, considered illegal by the
This was the largest expansion registered in a first half since 2000. The agricultural sector, which rose 5.7% in the period, was the one that collaborated most with the expansion.
The Brazilian transport sector received US$ 123 million in foreign capital in the month of July. This value was US$ 119 million greater than it had been in the same period last year. This movement reflects multinational company interest in the logistics sector in Brazil. Country export is rising at a steady rate, increasing the demand for services in areas like transport and ports.
Agência Brasil Rio de Janeiro – The Rio de Janeiro state secretary of Energy, Naval Industry and Petroleum, Wagner Victer, reports that various foreign companies are interested in investing in the state. Victer cited the Norwegian firm, Soelstad, which will spend US$40 million on construction in Rio shipyards. According to Victer, Rio was one of
From the Newsroom Porto Alegre – Producers of furniture components from southern Brazil started a mission to the United States and Canada today (30). They are going to meet potential buyers. The businessmen should be in North America up to September 11. This activity is an initiative of the SebraExport, a project for incentives to
Agência Brasil Brasília – By the end of the year a mixture of regular diesel fuel with 2% vegetable diesel will be available in gas stations, reports Maria das Graças Foster, the executive secretary of the Brazilian Ministry of Mines and Energy. There will be no difference in motor performance or durability, she says. "Our
The Moroccans have increased their participation as suppliers of the Brazilian fish processing industry. Sardines from Morocco represented 11.83% of Brazilian import from January to July this year, as against 3.42% in the same period last year.
Brazilian government forecasts are being confirmed. Foreign capital is arriving in the country helping recover the infrastructure sector. Of the US$ 1.6 billion entering the country in July, 25% went to the area. The quantity of funds entering the country last month is more than double the volume entering the country in July. And the volume should rise even further from now on. The export sector should be the great attraction to foreign capital.
Agência Brasil Brasília – Foreign direct investment in Brazil totalled US$ 1.6 billion in the month of July. This was the best result this year in this area, well above the US$ 737 million in foreign investment in the previous month, and over the US$ 1.2 billion of July last year. These figures were supplied
From the Newsroom São Paulo – Brazilian aircraft manufacturer Embraer announced today (23) the beginning of the construction of a new aircraft assembly line in Jacksonville, Florida (USA). They will produce the ERJ 145 aircraft there for use in the US Army Aerial Common Sensor (ACS) program. As part of the consortium led by Lokcheed
Agência Brasil Rio – The Norwegian shipbuilder Solstad – represented by Norskan do Brasil – reports that it intends to contract the construction of an offshore support vessel, known as an AHTS (Anchor Handling Tank Supply) worth US$40 million. The construction will take place in Rio de Janeiro and should last for 20 months. It
