The forecast of how much Brazil’s economy is expected to shrink in 2015 has gone from 1.01% to 1.03%, as per the Focus Bulletin. This year, the country should post a US$ 4.3 billion trade surplus.
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Revenues from foreign sales from Brazil to Arab countries were up 1.03% year-on-year in March. The export volume increased by 27.7%.
Booklet launched by the UNHCR in Brazil addresses topics like documentation and the legal rights of foreign workers. Out of all people under refugee status in Brazil, 38% are Arabs.
Manufactured volume in Brazil was down 7.4% from March 2014 2.8 million tons, as per data from industry organization Instituto Aço Brasil.
Representatives of the private sector of the 20 biggest economies released proposals to try to eliminate bottlenecks that hinder the expansion of jobs and investments in countries facing difficulties.
Representatives of the Brazilian federal government are attending the meeting in Doha about crime prevention and criminal justice organized by UN, which started last week and ends Sunday (19th).
In a meeting held this Thursday (16th) at the Arab Chamber, representatives of the organization and from Brazilian sector entities defined the group’s goals. The Tunisian side of the business body will come to the country in May.
The Arab country stepped up its purchases from Brazil in quarter one this year and ranks 11th among the leading destinations for Brazilian shoes abroad. Overall sales dropped.
The event will take place on June 11th and 12th in Tunis. According to Sabri Bachtobji, the Tunisian ambassador in Brazil, his country is looking to draw capital into industry, agriculture, tourism and pharmaceuticals.
Until April 10th, the country posted a surplus of US$ 969 million of dollar inflow over outflow, according to information from the Brazilian Central Bank.
Foreign sales from Brazil to the region declined by 4.3% year-on-year in March. Overall, exports from the sector dropped due to lower product prices.
Economic activity was up 0.36% from January, based on an index from the Brazilian Central Bank. In the first month of the year, activity slowed down from December 2014.
Officials from the two countries met and also discussed having Saudi technicians visit Brazilian meat packing companies, broadening the bilateral trade portfolio, and online certification of documents of origin.
The institution had a 15% increment in earnings in quarter one this year from quarter one of last year. In the first three months of 2015, the bank posted US$ 321.5 million in profit.
