Agência Brasil Brasília – The commissioner for Foreign Relations for the European Union, Christopher Patten, who is visiting Brazil, says that it is possible that a European Union – Mercosur trade agreement could be wrapped up by the end of this year. Patten added that some difficult trade questions remain to be worked out. As
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Agência Brasil Recife – The State Agency for the Environment and Water Resources (CPRH) has provided Grupo Paulista Vibrapar a license to install a refinery in the Pernambuco state Suape Port and Industrial Complex, the second refinery in the Northeast. The first has been operating in Bahia. The initiative will make the generation of 600
Agência Brasil Brasília – In what is being described as the beginning of a new Brazilian industrial policy, president Luiz Inácio Lula da Silva has ordered a 30% reduction in the Capital Goods Tax. That means the tax (IPI) will drop from 5% to 3.5%. The move is also in keeping with the tax reform
Braziliana produces art and helps announce Brazilian biodiversity. In three days of Couromoda, the company has made sales to England, Costa Rica, the United States, Argentina, and Chile.
The bank target is to make US$ 16.8 billion available for financing. In 2003 the total was US$ 11.7 billion. A large part of these funds should go to investment in infrastructure.
Agência Brasil Rio de Janeiro – Petrobras reports that in 2003 its total production of petroleum and natural gas rose 12.5%, compared to 2002, going from 1,810,200 barrels/day to 2,036,500 barrels/day. In December total production was up 18.3% over December 2002, going from 1,691,100 barrels/day to 2,001,100 barrels/day. According to the note, production in Brazilian fields
Klin Produtos Infantis, which exports to 60 countries, among them seven in the Middle East, is presenting 32 product lines and 180 models in their 2004 autumn/winter collection at the fair.
According to the São Paulo state economic and planning secretary, Andrea Calabi, who participated in a meeting with state governor Geraldo Alckmin and sheikh Sultan Bin Khalifa Bin Zaeyd Al Nahyan, second crown prince in the Emirates, deals are possible both in commercial and military aviation.
Between January and November 2003, ABIHPEC registered an 18.2% increase in the tonnage exported and a 17.2% revenue growth when compared to the same period in 2002. Participation in the Brazilian Week & Trade Exhibition in Dubai motivated the entity to return to the United Arab Emirates in April, to participate in an important sector trade fair.
While sales to some countries rose over 75% – like what happened to Libya and Algeria -, there were drops of up to 40% in business with other markets. On average, however, export rose 6% in comparison to the previous year, and the CCAB forecast is for a new increase of around 10% in 2004.
Four years ago the main brand belonging to São Paulo Alpargatas started searching for new importers and, as from 2001, sandal export has doubled yearly. Nowadays Havaianas have revenues of over US$ 280 million and the perspective is for at least 50% growth in 2004.
Sultan Bin Califa Bin Zayed Al Nahayan, who is the grandson of the current head of state and is the second in line in the country hierarchy, will also visit the offices of airplane maker Embraer, and construction company Método Engenharia.
