Eumar Novacki, executive secretary of Brazil’s Ministry of Agriculture, will visit the two Arab countries in September, aiming to increase market share for Brazilian agricultural products.
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The plane makers will enter into a joint venture comprising all of the Brazilian company’s commercial aviation operations. The US-based company will retain an 80% stake in the USD 4.7 billion deal.
The BNDES’s pilot project will allocate BRL 10 million (USD 2.64 million) to support innovation companies.
The North American currency had an appreciation of 0.45% this Wednesday and ended the day at BRL 3.913.
The average number of measures per month went from three to six amid the trade war triggered by United States president Donald Trump.
The Brazilian Animal Protein Association (ABPA) said the trucker strike had a major impact on the industry’s foreign sales.
Dollar inflow surpassed outflow in Brazil last month. Year-to-date, there’s a forex surplus of USD 22.5 billion.
The olive oil expo will be held on July 10 and 11 at Palácio de Exposições do Anhembi, in São Paulo. Registrations are open. The lecture organized by the Arab Chamber is scheduled for July 11, at 1:30 pm.
The forecast is from OECD-FAO. However, the report points out to a weakening in the growth of global demand and a decline in real prices.
Last month saw 3.311 million barrels of oil equivalent per day produced in Brazil, the National Agency of Petroleum, Natural Gas and Biofuels (ANP) reported.
The surplus stood slightly over USD 30 billion in the first six months, the result of USD 114 billion in exports and USD 84 billion in imports.
Officials from both countries convened on Monday and expressed willingness to step up cooperation.
The Brazilian federal government will partner up with companies Vale and MRS Logística to build strategic railways across the country.
The third edition of the United Nations SDG Business Forum will take place on July 17 at the UN headquarters in New York. This will be the Chamber’s first time at the event.
