Prices are seeing going up 3.25% in Brazil this year, as per a Brazilian Central Bank poll of financial institutions. The number is lower than that of last week.
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São Paulo governor spoke in a press conference during the opening of the São Paulo state international office in Dubai this Monday (10). Money is expected from investment in concession and privatization programs over the next three years.
The state government reached an agreement for ten startups to get technical instruction, funding and regulatory support in exporting to Asia and Africa. Details on the selection process will be out in April.
Sabor das Índias wants to sell Biquinho pepper to the UAE but plans on breaking into the Arab markets with premium products and an Amazonian line, too.
An outbreak of H5N8 in a Saudi farm was made public this week. According to the Brazilian Animal Protein Association (ABPA), this should not impact exports from Brazil, but sales can be increased if need be.
Morocco already is the Arab country that exports the most fish to the Brazilian market. With the opening, the secretary of Aquiculture and Fisheries of the Ministry, Jorge Seif Júnior, expects to ‘create a more bilateral trade.’
The Qatari airline’s CEO said the company is considering doubling its interest in the Chilean company created by a merger of Chile’s LAN and Brazil’s TAM.
The rate is the lowest for the month since the implementation of Plano Real in 1994.
Ministry of Infrastructure believes that the money will be invested over the next five or six years through concessions.
Overall Brazilian poultry exports were up 15%. The Arabs, though, imported 3.5% less year-on-year.
An IMF report urges Gulf Cooperation Council member countries to tailor their fiscal policies to match the commodity’s prices, which are expected to decline in the next two decades.
Brazil’s BNDES will let go of its stake in the oil company as part of a divestments program designed to reallocate resources to more socially impactful projects.
The biggest destinations for fruits including apples, melons, limes and grapes were the UAE, Saudi Arabia, Lebanon and Oman. Total exports from Brazil climbed 16%.
The month saw 17,123 tonnes shipped from Brazil. Revenue was down 27% year-on-year.
