Agência Brasil Rio de Janeiro – Brazil had GDP growth of 1.9% in 2002, bringing the GDP up to R$1.3 trillion. The numbers are the latest, revised, results from the government statistical bureau (IBGE), which had reported 2002 GDP growth at 1.5%. The IBGE says that the new numbers reflect more exports and less imports in
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Agência Brasil Rio de Janeiro – Brazil had GDP growth of 1.9% in 2002, bringing the GDP up to R$1.3 trillion. The numbers are the latest, revised, results from the government statistical bureau (IBGE), which had reported 2002 GDP growth at 1.5%. The IBGE says that the new numbers reflect more exports and less imports in
Agência Brasil Brasília – The World Bank says it should make US$7.5 billion available to Brazil in new loans over the next four years. The funding will be for human well-being, social and environmental sustainability, competitivity and macroeconomic performance. "Today Brazil has a unique opportunity to improve the quality of life of its population, especially the
According to Flávio Sapha, Brazilian ambassador in Abu Dhabi, this was one of the most immediate results of the tour by president Lula to the country. The diplomat also stated that Brazil presented 10 proposals for bilateral cooperation accords, to be discussed within the next few months.
Agência Brasil Cairo – Brazil is close to closing a free trade agreement with Egypt, reports minister of Development, Luiz Fernando Furlan. The minister is accompanying president Luiz Inacio Lula da Silva on his Middle East trip. According to Furlan, Brazil – Egypt trade talks are now well-advanced. The two countries are discussing concessions. The
Green by Missako already has a franchise in Riyadh, and intends to install up to 20 new stores in the Middle East and North Africa.
The industry from the southeastern state of Minas Gerais, which already exports to many countries and started trading with the Middle East this year, intends to improve relations with the region and increase the volume of shoes shipped after participating in the event in Dubai between December 7 and 9.
Brazilian cannery is developing products to increase export to the Middle East. From December 7 to 9, Oderich will be taking samples of all its products to United Arab Emirates.
This will be one of the main topics to be discussed between president Lula and president Zayed bin Sultan Al Nahayan, programmed for this weekend, said to ANBA the Brazilian ambassador in the Emirates, Flávio Moreira Sapha. The product is already the main Brazilian export item to that Arab country.
Agência Brasil Brasília – On the eve of his trip to the Middle East, president Luiz Inácio Lula da Silva got some good news from the Brazilian Development Bank (BNDES): it will release funds for South American integration projects. The bank announced three projects. First, US$125 million for the purchase of turbines for hydroelectric power
According to Maurício Botelho, the money will be used to finance airline purchases and corresponds to 50% of international credit expected for 2004. The company also sees a good market for executive jets in the Middle East.
The event will include Brazilian companies in the most varied of sectors, businessmen and foreign investors, Brazilian and Arab authorities, and will show visitors the Brazilian commercial and economic potential.
The Brazilian president arrived in Syrian capital Damascus at around 09:00am (local time). The presidential party includes ministers Celso Amorim, Luiz Fernando Furlan, Ciro Gomes and Walfrido Mares Guia, as well as the president of Brazilian state-owned oil company Petrobras, four governors, senators, and congressmen.

