State of Amazon Industries Federation signed an agreement with a trading company from Rio de Janeiro to work on the promotion of local products in the United Arab Emirates.
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Sales to the region reached USD 38.4 million in the first two months of this year, a 27% increase compared with January and February of last year.
The funds will go into a program to support the development of foreign trade in less developed nations that is part of the UN Millennium Development Goals.
Data from the National Confederation of Industry (CNI) shows that 16.3% of Brazilian output was sold abroad last year. In 2015, this percentage was lower.
According to the Brazilian Institute of Geography and Statistics (IBGE), 224.2 million tons of grains will be harvested in Brazil this year, with soy, maize and rice making up over 90% of total output.
NMC Health owns and operates hospitals, clinics and drugstores in the UAE. It also distributes medical equipment and pharmaceuticals. Last year, it grossed USD 1.2 billion in revenue and catered to 4.3 million patients.
Exports from Brazil to the Arab country were up 1.7% to USD 2.85 million in the first two months of this year. An industry spokesperson claims fluctuations in the USD dollar get in the way of business.
A partnership between the Brazilian government and the National Confederation of Industry will work to integrate 500 companies into the global market.
A 1.4% increment year-on-year capped a 34-month run of shrinking output in Brazil, according to numbers released by the Brazilian Institute of Geography and Statistics (IBGE).
Software company Sypron Solutions is represented in business matchmaking sessions at Expodireto Cotrijal, in Rio Grande do Sul. Its goal is to find partners and sell in Brazil.
Second phase of the Investment Partnerships Program (PPI) is planning 55 concessions to the private sector of highways, railways, port terminals and power transmission lines.
Organization believes the world will see a 3.3% growth in 2017 and 3.6% in 2018. Brazil will register no growth this year and expand 1.5% next year, according to the organization.
Shipments generated USD 1.18 billion in February, the highest amount for the month, and almost USD 2 billion in the first two months of the year.
Data released by the Brazilian Institute of Geography and Statistics (IBGE) confirm the second straight year of recession in the country. The 7.2% drop in the 2015-2016 biennium was the biggest on record.
