Browsing: Economy
Company Buschinelli, from the state of São Paulo, has already made contract with a North American company to export to the Arab country and participate in the reconstruction process. To the sector association, the entire Middle East has potential.
Agência Brasil Brasília – The Commercial Negotiating Committee of the Free Trade Area of the Americas (FTAA) meets next week (March 18 and 19) in Puebla, Mexico, for what is expected to be a debate on the Mercosur proposal for a "FTAA light." The "FTAA light" would consist of a minimum set of obligations and
Agência Brasil Brasília – Yesterday president Luiz Inácio Lula da Silva telephoned the president of Argentina, Néstor Kirchner, and congratulated him on the agreement he reached with the International Monetary Fund. Under the agreement, Argentina paid US$3.1 billion that had fallen due. According to the Palacio do Planalto, Lula told Kirchner he was "satisfied and
The furniture sector fair will bring together 430 exhibitors from 14 Brazilian states up to next Friday (12). The governor of the southern state of Rio Grande do Sul mentioned reduction of export cost at the official opening of the event.
Agência Brazil Rio de Janeiro – The purchase of 12 jet fighters for the Brazilian air force, worth some US$760 million, will be decided by the Defense Council at a meeting within the next few weeks, reports minister of Defense, Jose Viegas. In fact, it is expected that a final decision on the purchase will
Agência Brasil Curitiba – Minister of Development, Luiz Fernando Furlan, says that various proposals for a new industrial policy are under study. The principal objective of such a new policy would be to facilitate investments, creating new credit lines resulting in the modernization of industry and improved logistics so as to reduce operating costs, especially
The first deals should take place this year, stated the Brazilian Electrical and Electronics Industry Association (Abinee) foreign relations director, Humberto Barbato. His company, Cerâmica Santa Terezinha, a maker of electric insulators, is about to export to Saudi Arabia. Electronic product sales to the region are still low, but rose 78% last year.
Agência Brasil Brasília – The Ministers of Foreign Relations of Brazil, South Africa, and India are meeting in New Delhi (India) to give continuity to the project for the creation of one great free trade area. The three countries will identify areas of cooperation, negotiate a more intense tripartite trade, and establish partnerships in development
Agência Brasil Rio de Janeiro – When president Luiz Inacio Lula da Silva makes an official visit to China in May, one of the agreements he signs should be a cooperation partnership between state-run petroleum companies in both countries. Petrobras and Sinopec have already begun discussions on joint endeavors in petroleum, natural gas and the petrochemical
Agência Brasil Brasília – The Foreign Ministers of Mercosur countries, the Andean Community of Nations, and Chile, meeting in Buenos Aires, have reaffirmed their commitment to the Miami Declaration on the Free Trade Area of the Americas (FTAA). A document signed by the ministers states that they favor speeding up regional and bilateral agreements and
Brazilian finance minister Antonio Palocci says that the Brazilian economy is entering a period of sustained growth. The minister also stated that in 2005, the country would start working on its primary surplus (revenues minus expenses not counting interest) in a different way, comparing country finance to a household budget.
