The winning bidder for two seaports in Santarém, Pará was Consórcio Porto Santarém, a consortium formed by Petróleo Sabbá and Petrobras Distribuidora.
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The government has launched a series of measures that, when fully implemented, will cut down times from 13 to 8 days for exports and 17 to 10 days for imports. For now, the new rules are only in effect in four airports.
Survey by Fundação Getulio Vargas registered a 2.9 points increase to 90.7 points, the best result since May 2014.
Brazilian Agriculture Ministry officials met with the Council of Arab Ambassadors in Brazil to provide clarifications regarding the ongoing probe. The meeting was an initiative of the Arab Brazilian Chamber of Commerce.
The company has already sent samples of its cheese bread, made without artificial flavoring, hydrogenated fat or preservatives, to the United Arab Emirates and Canada. Currently, it’s been negotiating its first exports contract.
Algeria’s government-run oil company intends to increase national reserves and step up oil and gas output.
The Brazilian Ministry of Finance sees the economy growing by 0.5% this year, down from a prior forecast of 1%.
Official rate went up 0.15% in March. The price increase year-over-year is near the center of the established target of 4.5%.
For the first time a buyer from the African country was invited by the Buyer Project of the Brasil Machinery Solutions, machinery and equipment trade promotion program.
Geraldo Alckmin welcomed foreign minister Abdullah Bin Zayed Al Nahyan at the state government’s seat to talk commerce and investments.
Loans made by the Brazilian Development Bank (BNDES) totaled BRL 10 billion (USD 3.23 billion) in January and February, a decline of 16% over the same months of 2016.
‘We’re committed to transparency and engaged in the search for clarifications so all parts interested are informed on the course of events,’ said the organization’s president, Rubens Hannun.
The index measured by the National Commerce Confederation for Goods, Services and Tourism increased 0.9% in March over the same month of last year.
The Arab Chamber will mark the date with an arts and crafts exhibition at a São Paulo Metro station starting next Saturday (25). A thoroughbred Arabian horse race at the city’s Jockey Club is also scheduled.

