Brazilian companies attended the furniture industry fair Index in the emirate last week and came back with the expectation to sell US$ 5.7 million in the next 12 months. Exports that reached US$ 698,000 were dealt during the event.
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The free trade agreement between Mercosul and Egypt was passed by the Commission for Economic Development, Industry and Trade, but still pends reviewing from the House of Representatives.
Six members of Congress attended an event about the Lebanese diaspora in Beirut and conversed with local authorities on exchange and cooperation in oil extraction.
Watch in this episode an interview with Christophe Didier, general director of Etihad Airways in Brazil.
The Brazilian trade balance stood positive last week with US$ 296 million, a result of US$ 4.143 billion in exports and US$ 3.847 billion in imports.
As per a Central Bank poll of analysts, the benchmark interest rate should be 13.75% by year end in 2015. The prior estimate was 13.5%.
Brazil’s auto parts manufacturer set up a distribution center in Dubai a year ago and succeeded in reaching small-scale distributors in the region. It will be featured in Automechanika in Dubai next June.
The company Invicta exports to Kuwait, United Arab Emirates, Saudi Arabia, Yemen and Lebanon. Buyers from the Middle East import from the simplest to the most sophisticated models.
The total amount held back reached US$ 22.8 billion and will be cut from, mainly, the investments planned by the Growth Acceleration Program.
According to the airlines’ association, the increase in demand in April was of 3.09% over the same period of last year. The seat capacity increased 1.31%.
In a speech in Rio de Janeiro, the managing director of the international Monetary Fund said the country is taking the necessary measures to steer the economy back to growth.
Buyers from Sudan and the United Arab Emirates took part this week in a business matchmaking event held by the organization of the Hospitalar fair.
In a social project of a municipality in Pernambuco state, seven craftsmen manufacture wooden toy cars and games that are sold via internet. Pieces were already exported to Europe.
The Brazilian federal government’s policy-making arm for international trade has slashed import rates on goods used in manufacturing textiles, lamps and herbicides.
