Espírito Santo-headquartered Peterfrut found in Egypt the supplier of frozen strawberries to sell in Brazil. Business has grown,with potato imports and a potential export operation in the Arab country.
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Eurochem mine and plant complex will produce tonnes of fertilizers to cater to Brazilian farmers. Volume accounts for 15% of Brazil’s phosphate output.
The commodity’s prices have declined due to a lower demand from China. Brazil’s trade balance could be impacted, and Arabs could import more.
Ambassadors from the Gulf Cooperation Council states held a fast-breaking dinner of Ramadan in Brasília, featuring Brazil’s Foreign Affairs Minister Mauro Vieira.
Brazilian footwear exports plunged 31.3% in volume and 22.8% in revenue in January and February. Competition with China and the economic situation in second leading buyer Argentina drove down the results.
Scientific publications grew 20% in the Arab country between 2019 and 2022. More than half of the members of research structures are women.
The government indicated that the transfer to the sovereign wealth fund aims to boost the national economy by diversifying its resources and creating more investment opportunities.
Following visits to Goiânia and Brasília, members of the Arab delegation say that the attention to halal food production and sanitary hygiene further strengthens Brazil’s standing as a food supplier.
The United Arab Emirates stepped up its purchases of Brazilian poultry by 27.7% in the first two months of the year. Saudi Arabia acquired 8.4% more. Other markets from the region also stood out as Ramadan draws near, according to industry lobby ABPA.
Goiás’ governor held a dinner for the delegation of diplomats at the official seat of the state government and told ANBA that the state and Arab countries could expand trade. The region is already a major buyer from Goiás.
Acieg presented ambassadors from Arab countries with the opportunity for importers and exporters to participate in August’s Ficomex trade show.
Diplomats were at a 100-percent halal production plant in Goiânia, Brazil. The dean of the Council of Arab Ambassadors in Brazil believes the company could establish more plants in Arab countries.
In January, average temperature in the country was 3.8C above normal for the period 1991-2020, the local meteorological department said. The drought threatens agriculture for the sixth consecutive year.
After Egypt Central Bank hiked interest rates, IMF released additional loan to the country. Pound was trading at a record low and prices rose.
