Latin America was the only region to see an increase in handled cargo, according to the IATA. Global flows were down 4.7%.
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Sector’s revenue reached USD 1 billion last year, according to Brazil’s Ministry of Agriculture. Crop area in the country is 1.1 million hectares.
US dollar outflows exceeded inflows in Brazil by USD 4.2 billion last month.
Tereza Cristina said Brazil is a friend to the region’s nations, and that she will work hard to sustain and enhance relations.
According to the WTO, global trade flows are poised to go up 2.6% in 2019, down from 3% in 2018, when it had already fallen short of expectations. Brazil lost one position on the ranking of leading exporting countries.
LAAD Defence & Security began this Tuesday with delegates from the region in attendance. Technological cooperation will be in discussion in a seminar featuring Arab Brazilian Chamber executives on Wednesday.
Surveys from Brazil’s National Confederation of Industry (CNI) and the Brazilian Institute of Geography and Statistics (IBGE) show that output from industry increased.
Analysis is by the Arab Brazilian Chamber president Rubens Hannun. Brazilian government announced the opening of a trade office with Israel in the city.
Brazil registered a USD 10.9 billion surplus in the first quarter, an 11% drop over the same period of 2018. In March, the balance stood at USD 5 billion, a 22% reduction.
Business Confidence Index measured by Fundação Getulio Vargas decreased by 2.7 points in March over February.
Brazilian financial market players’ 2019 economic growth estimate moved from 2% to 1.98%.
The North African country will host a world conference on the product next May, and it expects Brazilians to attend and consider both buying and taking part in product processing.
The Arab Brazilian Chamber will have a stand at beauty fair in the UAE and has opened registrations from companies interested in participating in the fair, as well as B2B sessions.
Arab air company received a jet E175 this Thursday. Another delivery is scheduled for the second quarter.
