The Brazilian Air Force has ordered 76 airplanes, in a deal of around US$ 460 million. To company president Maurício Botelho, however, possibilities on the international market are also good. The idea is to increase company participation in the defense sector to 20% of company revenue.
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Agência Brasil Brasília – President Luiz Inácio Lula da Silva says that the foundations for a new national project were put in place in 2003 and that "now it is up to us to take advantage of this historical opportunity and move ahead with a combined agenda of stable, sustainable growth and social justice." As
Agência Brasil Brasília – President Luiz Inácio Lula da Silva says that the foundations for a new national project were put in place in 2003 and that "now it is up to us to take advantage of this historical opportunity and move ahead with a combined agenda of stable, sustainable growth and social justice." As
Agência Brasil Rio de Janeiro – The Brazilian Steel Institute (IBS) reports that the sector intends to invest R$4 billion between now and 2007. That comes on top of the US$13 billion already invested in the sector since it was privatized. At the moment, Brazil produces 34 million tons of steel annually. With the new
This will be one of the topics to be discussed during the visit Lebanese president Emile Lahoud will make to Brazil in February 2004. According to the Brazilian ambassador in Beirut, Marcus de Vicenzi, the presidents will "continue talks" started earlier this month, when president Lula visited the Middle East.
Agência Brasil Brasília – The board of directors of the International Monetary Fund has approved a US$14.8 billion loan agreement with Brazil. Out of that total, US$6.6 billion is new money and the remaining US$8.2 billion is actually the last tranche of the September 2002 US$30 billion emergency loan agreement that Brazil has not withdrawn.
Regional jet ERJ 145, produced by Harbin Embraer Aircraft Industry Company, a joint venture between the Brazilian company and Chinese companies Harbin Aircraft and Hafei Aviation, which flew for the first time yesterday, is destined to the Chinese regional market. Over the next few years, the country should purchase 635 regional airplanes.
At the beginning of next year, Marilan biscuit factory will start exporting three containers per month, or 30 tons, of biscuits to the United Arab Emirates. The company expects 10% to 20% sales growth to the Arab countries in 2004.
Multimax, based in the city of Campinas, in the interior of the southeastern state of São Paulo, had a greater than expected sales return during the Brazilian Week & Trade Exhibition in Dubai. The company closed contracts with Saudi Arabia, Bahrain, Qatar, Oman, Jordan, and the United Arab Emirates.
According to Juan Quirós, president of the Brazilian Export Promotion Agency (Apex), it is expected that work of this year should still result in the export of US$ 2.063 billion over the coming 12 months. He also analyzed the Brazilian Week & Trade Exhibition that took place in Dubai.
Amanco Brasil, which has factories in the states of Santa Catarina, São Paulo and Pernambuco, signed a US$ 50,000 sales contract to Kuwait, Saudi Arabia, and the Untied Arab Emirates. Starting in 2004, the company intends to sell around US$ 250,000 per year to the region.
The cashew nut processing industry in Ceará state, in northeastern Brazil, currently exporting to Lebanon and Saudi Arabia, is now negotiating with the United Arab Emirates. The company president stated that participation in the Brazilian Week & Trade Exhibition in Dubai has confirmed the potential in the region.
