The third week of April saw exports reach USD 4.320 billion with imports amounting to USD 2.551 billion, according to the Ministry of Industry, Foreign Trade and Services. The resulting surplus was USD 1.769 billion.
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The Brazilian Electricity Regulatory Agency held an auction that resulted in concessions to construction, operation and maintenance of electricity transmission lines and substations in 20 states.
In March, Brazil’s external and domestic debt totaled BRL 3.2 trillion (USD 1.02 trillion) according to data made public by the National Treasure.
A delegation led by Tunisian Foreign Relations minister Khemaies Jhinaoui will be in Brazil this week. They will have meetings in a bid to increase exports and bring investments into the Arab country.
The trade agency will hold business meetings on April 26 and 27 between Brazilian traders and producers of cashew nuts, Brazil nuts and peanuts and buyers from 10 countries. Companies from Qatar and the UAE will take part.
The action is designed to enhance the image of the product from Brazil in the Arab country, which is one of the premier markets for Brazilian exporters.
The Federal Supreme Court decided that foreigners with permanent residency in Brazil are eligible to receive a monthly minimum wage if they don’t have the means to survive.
Delegation headed by the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) is in Morocco, and later it will go to Egypt and Algeria.
The Brazilian mining company’s pelletizing plant in Sohar produced 2.4 million tons from January to March, down 3.7% from the last quarter of last year.
The organization’s president Rubens Hannun met with Brazilian Agriculture minister Blairo Maggi on Wednesday (19). Hannun discussed actions taken to strengthen the image of Brazil’s meat industry in Arab countries.
The company from Castanhal, Pará state, earned the halal certification and is looking to open new markets in the region. Currently, it’s prospecting business in Bahrain, Qatar and Kuwait.
The projection is from the country’s government, which also forecasts that exports will increase by 8%.
The country is hoping to increase the sector’s relevance to trade balance numbers in decades to come, according to a ministerial secretary. In 2015, services accounted for a meager 1.91% of foreign sales.
Brazil’s National Federation of Trade reports that consumption plans by families were down 0.5% in April from March.
