A special session was held this Thursday in Brasília. Arab Brazilian Chamber of Commerce International Relations vice president Osmar Chohfi was in attendance.
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Institution predicts a 0.9% growth for Brazil’s GDP this year from a previous 0.8% estimate.
The deficit narrowed as a result of a 5.5% hike in exports and a 4.4% drop in imports.
Russian spacecraft Soyus MS-15 was launched this Wednesday at the Baikonur Cosmodrome in Kazakhstan. Hazza Al-Mansoori will arrive at the International Space Station after a six-hour flight.
Property Olhos D’Água, in Mateus Leme (MG), has been selling the fruit domestically since 2014. Now, it intends to ship product to countries in the Middle East, Europe and Asia.
Capital goods exports from Brazil reached USD 824 million in August, down 15.7% from August 2018.
USD 29 billion went into the government’s coffers during the month, the highest result for the month since 2014.
Brazil’s president made a speech at the General Assembly of the UN in New York this Tuesday (24) and, while addressing the partnerships that his government has developed, he mentioned his visit to Saudi Arabia, the UAE, and Qatar.
Foreign sales fetched USD 4.422 billion and foreign purchases amounted to USD 3.454 billion, leading to a USD 968 million trade surplus.
FDI inflows in Brazil slid in both August and year-to-date, but it’s still enough to finance the current account deficit.
Spending in international trips reached USD 1.31 billion in August, down 5.24% from a year ago.
President Jair Bolsonaro will travel to Saudi Arabia and the United Arab Emirates, as well as China, from October 24 to 30, according to Apex-Brasil. The agency invites Brazilian businesspeople to join the business meetings that will occur in parallel to the visits.
Brazilian company participated in the mission of the Ministry of Agriculture to four Arab countries and already started trying to sell liquid and powdered eggs to Saudi Arabia as soon as the market was open.
Minister of Agriculture ended her trip to four Arab countries this Sunday (22). Companies that took part in the delegation saw good results.

