Estimate for 2019 surplus rose from USD 50.1 billion to USD 56.7 billion. However, a decline in both exports and imports is expected.
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Current head of the Brazilian diplomatic representation to Bogotá, Colombia, Julio Bitelli was nominated to the embassy in Rabat. At the Arab Brazilian Chamber, he said that diversifying exports and signing the agreement with Mercosur will be his priorities.
Brazil’s president had a meeting with Saudi Arabia heir prince Mohammed bin Salman last Saturday (29) in Japan, in the sidelines of a G20 meeting.
An index from Brazilian think tank Fundação Getulio Vargas climbed in June from May.
The conclusion of talks – which had begun in 1999 – was announced this Friday in Brussels.
Rate was at 12.4% in the three months through February and slid in March-May.
The country ran a BRL 13 billion deficit last month, up from a BRL 8 billion one in May 2018.
The agency’s new president Sergio Segovia visited the Arab Brazilian Chamber this Friday and talked to its leaders about their joint work. Segovia told ANBA that he’s developing a new strategic plan to make APEX-Brasil more efficient.
On the final day of the Arab-German Business Forum, panels addressed infrastructure and logistics in Egypt and featured Arab ambassadors.
Central Bank of Brazil revised down the country’s economic growth forecast to 0.8% from 2%.
The World Exhibition to take place in Dubai has already invested USD 658 million in small- and medium-sized businesses. Organizers urged the sector to register for new tenders.
Arab Brazilian Chamber representatives are attending the event in Berlin. Brazil is a major food supplier for the Middle East and North Africa countries.
The UN agency’s 15th quadrennial session will take place in the Caribbean island; the United Arab Emirates is hosting the World Investment Forum and the Asia eCommerce Week.
Representatives from Uruguay’s public and private sector visited the Chamber’s headquarter and talked on South American joint projects to foster relations with Middle East and North Africa countries.
