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Official schedule, announced by the Presidential Palace on Tuesday, includes Syria, Lebanon, the United Arab Emirates, Egypt, and Libya. The signing of bilateral accords and meetings between businessmen are expected. The president will also be participating in the opening of the Brazilian Week & Trade Exhibition in Dubai, the largest Brazilian business event ever to take place in the Middle East.

Agência Brasil Rio de Janeiro – A consortium led by Petrobras, Teikoku Oil of Japão, and Diavaz of México, has won an international bid for the production of natural gas in Fronterizo, in the Burgos basin, in northeastern Mexico. Petrobras, with a 45% share in the enterprise, is the lead operator. Teikoku has 40%, and Diavaz

Luiz Carlos Delben Leite, president of the Brazilian Machinery Manufacturers Association (Abimaq) – one of the sectors that most exports in the country -, believes the tour president Luiz Inácio Lula da Silva should take to the Arab countries is a symbol of the possibility of establishing free trade between Brazil and the countries in the region.

Around 30 or 40 Brazilian businessmen and over 100 Arab enterprises should take part in the event. The meetings, in an attempt to create business opportunities and attract investment, should take place in all cities visited by president Luiz Inácio Lula da Silva and his party in December. In Libya alone, negotiations for contracts of up to US$ 1 billion in the infrastructure sector are possible.

Agência Brasil Rio de Janeiro – The Scandinavian Steel group has announced it will build a steel mill in the state of Rio de Janeiro, which has given the group tax breaks. According to spokesmen for the state Secretariat of Energy, Shipbuilding and Petroleum, some US$5 million will be invested in the endeavor. When it is