São Paulo – The Interamerican Development Bank will release US$575 million for infrastructure projects in Brazil in the second half of this year. The funds can be used for projects that are private sector-government partnerships, or completely private sector, reports Martus Tavares, the IDB executive director.
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The North Americans answered, in May, to 20.51% of Brazilian foreign trade. In the same month of last year, they had purchased 22.52% of the products in the Brazilian trade basket. On the other hand, less traditional partners, such as Africa, the Middle East, and Russia, increased their import from Brazil.
Brazilian minister of Planning Guido Mantega stated that Brazil could increase its attraction to foreign investment in infrastructure.
Agência Brasil Brasília – The Brazilian trade balance surplus registered, in the third week of the month, between June 14 and 20, a surplus of US$ 880 million, with export of US$ 2.2 billion and import of US$ 1.32 billion. With the result, the trade balance surplus has risen to US$ 13.435 billion – export
From the newsroom São Paulo – Thomas Dawson, spokesman for the International Monetary Fund (IMF) affirmed this Friday (18) that he trusts in Brazilian economic recovery and believes it can grow approximately 3.5% this year. Brazil has maintained, since September 2002, a US$ 40 billion program with the IMF and authorities do not intend to renew
In the accord with the European Union, the Mercosur is prepared to reduce tariffs on products in both sectors. This information was provided on Monday (14) by Brazilian Development, Industry, and Foreign Trade minister Luiz Fernando Furlan, during the 11th Unctad.
In the accord with the European Union, the Mercosur is prepared to reduce tariffs on products in both sectors. This information was provided on Monday (14) by Brazilian Development, Industry, and Foreign Trade minister Luiz Fernando Furlan, during the 11th Unctad.
From the Newsroom São Paulo – Foreign direct investment in Latin America and the Caribbean drops for the fourth year running. The inflow last year totalled just US$ 49 billion, a value way below the US$ 109 billion of 1999. These figures were supplied yesterday (13), at the 11th United Nations Conference on Trade and
Agência Brasil Rio de Janeiro – The rate of industrial growth attained 6.1% in the first four months of the year. Production in Brazil ended the month of April with a 0.1% growth, compared to March, contributing to the elevation of the cumulative result for the four-month period. Cumulative growth over the last 12 months
Information provided by the Brazilian Development Bank shows that the funds will be used in the Program for Financial Support to the Electric Sector for the midwestern state of Goiás and to southern Rio Grande Sul.
Agência Brasil Curitiba – The chairman of the Chicago Board of Trade, Charles Carey, confirmed yesterday (7) that the Board will open an office in Paraná. The office, which will be located in either the capital, Curitiba, or the port of Paranaguá, will make it possible for agricultural commodities sold on foreign markets – especially
This information was provided by Maria das Graças Silva Foster, Secretary of Oil, Natural Gas and Combustibles for the Ministry of Mines and Energy, during a speech at Rio Trade Week, an event preceding the 11th Unctad.
