The Brazilian Institute of Geography and Statistics (IBGE) reported growth in four out of the five subsectors tracked during the month, the exception being information and communication services.
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A memorandum of understanding signed this Tuesday should boost cooperation between both institutions. Its goals include bringing companies based in São Paulo closer to the Arab market, thus diversifying Brazilian exports.
Arab ambassadors to Brazil visited the Federation of Industries of Amazonas and the Manaus Free Trade Zone, where they discussed business opportunities available in their countries.
Brazil exported 3.4 million bags last month, down 13% from a year ago. Year-to-date through October, exports climbed 23%, tough.
The newly-accredited companies will be allowed to ship beef to the Arab country. The announcement was made by Brazil’s Agriculture minister Tereza Cristina.
ICE fell for the third quarter straight, from negative 26.4 points in July to negative 28.2 points in October.
Exports of the Brazilian product to the Arab country reached 1.4 million pairs year-to-date through October, up 83%.
Brazil’s National Treasury secretary Mansueto de Almeida said the deficit should end the year at 1% of GDP, a narrower rate than the previously forecasted 1.8%.
The 18th Arab Businessmen and Investors Conference is taking place from November 11 to 13 in Manama.
Institute created nucleus with researchers to study the impact of science and technology on economy and society.
The United Arab Emirates was one of the drivers of Brazilian foreign sales of beef year-to-date through October.
Diplomats from Palestine, Mauritania, Morocco, Tunisia, Sudan, Egypt, Jordan, Libya and the Arab League will visit Amazonas’ capital city from November 9 to 12.
Four oil blocks were on offer in the 6th Production Sharing Bidding Round. A consortium of Petrobras and China’s CNODC placed the winning bid for the Aram area, in the Santos Basin.
Next Tuesday (12) will see the Arab Brazilian Chamber host a cycle of talks with specialists and executives on consumer habits in the Middle East and North Africa. The Chamber will also enter into a MoU with São Paulo city agency SP Negócios.
