Relations between the two countries fall short of their true potential, says Maroc Export secretary general Zouhair Triqui, who is attending a business forum in São Paulo.
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A Brazilian Central Bank index that tracks the prices of internationally traded primary products declined in November. In the 12 months leading up to November, the index is up 18.4%.
Porto Alegre state-based Espeto Flex’s product is used in 10-plus countries and was also sold to a hotel in the UAE this year. The spit rotates so that barbecue meat roasts evenly.
In November in Brazil, exports outpaced imports by USD 1.197 billion. Year-to-date, the country is running a USD 13.442 billion trade surplus.
Numbers from Brazil’s National Confederation of Industry show that real revenues dropped 4% in October from September. Employment and hours worked also declined.
Matchmaking sessions opened this Tuesday in São Paulo with seven major companies from the Middle East and North Africa, five of which are in the country for the first time.
The Brazilian economy contracted from July to September of this year from the preceding three-month period, according to numbers released by the Brazilian Institute of Geography and Statistics (IBGE).
The event, organized by the Brazilian Ministry of Foreign Affairs and consulting company Barral M Jorge, will present opportunities for foreign investments in Brazil and discuss the country’s institutional certainty.
Total trade was up 2% in the first half of this year, driven by the country’s exports, which grew 28%.
It was the worst-ever result for the month, the Central Bank reported. The federal government announced a BRL 11.2 billion (USD 2.9 billion) budget cut this Monday (30th).
Ahmed Elsiddig, the Sudanese ambassador in Brasília, intends to strengthen cooperation, especially in the agriculture sector. He also wants the establishing of missions and signing of agreements.
The CEO of the Arab Chamber will discuss the topic in a workshop on December 9th in the city of São Paulo. Registrations are open and are free of charge.
Elian, from Santa Catarina state, started to sell to Palestine in January of this year. The brand also acquired clients in Saudi Arabia and is now looking into the markets of Egypt, Sudan and Jordan.
The Brazilian industry is expecting to process 33.2 million tons this year, down from 33.8 million tons in 2014, the organization Instituto Aço Brasil said.
