Financial institutions polled by the Central Bank have revised up their growth projection for the Brazilian economy in 2014 from 1.63% to 1.65%.
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Fabíola Molina, a member of the Brazilian National Swimming Team up until last year, owns a sports an beachwear brand named after herself. The markets she sells to include two Arab countries.
The port complex in Morocco handled 735,000 containers in quarter one. New routes, including one to Brazil, fuelled the performance.
The funds are intended to help the Arab country manage its debt and improve public finance management.
A study from the Fund on countries undergoing transformations indicates that the challenge lies in meeting the population’s desires, such as increased participation in decision-making and job creation.
A resolution has changed the certification process for inbound medication to Brazil, which should become swifter according to the National Health Surveillance Agency (Anvisa).
Three companies from Dubai are taking part in matchmaking rounds with Brazilian companies during the Hair Brasil fair, on the 12th and 13th.
Value was applied in the country in the past ten years. Last year FDI was US$ 11.5 billion, up 20% over 2012.
Brazilian production should reach 190.6 million tonnes in the current cycle. The Agriculture minister, Neri Gueller, speaks of ‘supercrops’.
Brazil’s Foreign Trade Chamber (Camex) has cut the tax on capital goods imports from 14% to 2%. The measure will remain valid until the end of 2014 and includes 95 types of products not made domestically.
Foreign sales were down 7% from 2009 to 2013, from US$ 162 mn to US$ 150 mn, according to the Rio de Janeiro State Industry Federation. In the same period, exports from Rio were up 17%.
To the ambassador Bernardo de Azevedo Brito, who has released a book about the country at the Arab Brazilian Chamber headquarters, Brazilian companies must not ‘leave this market untapped.’
Shipped volume to the region increased from 328,100 bags to 414,400 bags, according to CeCafé. The increase was 26%, higher than the general growth of foreign sales of the product.
In November, the organizers of the Middle East’s leading food industry fair are hosting Gulfood Manufacturing, an event targeting processing, manufacturing and packaging equipment makers.
