Exports to the Middle East and North Africa grew 17.8% in 2012. The main destinations were Saudi Arabia, the Emirates and Algeria. Brazilian imports rose 2.3%.
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According to the Brazilian Geography and Statistics Institute, there was a 2.7% decline from 2011, the first one since 2009. Activity was down in 17 of the 27 sectors surveyed.
Promoted by the World Trade Organisation, the event takes place up to the 11th, and will debate themes like trade partnerships, product chain and technological development.
The government authorized the company to buy the product abroad for another two years, with the objective of guaranteeing supply to thermal electric plants. Brazil’s main supplier is Qatar.
According to information released by the company, 85.5 million tonnes were produced in Q4 2012, the first increase in output during the period since 2003.
Brazil’s Tourism Ministry will provide US$ 12.7 million for 18 training agreements for personnel to service foreign tourists. Most will receive language training.
In Brazil, rising imports and dipping exports led to a US$ 4 billion deficit during the month. Purchases from the United States, Middle East and Africa were up January-on-January.
In Brazil, rising imports and dipping exports led to a US$ 4 billion deficit during the month. Purchases from the United States, Middle East and Africa were up January-on-January.
Technicians from the Fund met with officials from the Brazilian Ministry of Development, Industry and Foreign Trade to go over the impact of the crisis on the country’s trade balance.
Sami Hassuani, the new president of the Brazilian association in the sector, says that foreign sales represent just 10% of their potential. To grow, government support is necessary.
Riyadh’s Radyolla construction company and the government of the African country have signed an agreement to build an oil pipeline and a refinery. The project is expected to bring fuel costs down.
Sales in shopping centres throughout Brazil grew 11% last year as against the previous year.
Finance minister Guido Mantega will give presentations on investment in the country in São Paulo, New York and London. The goal is to attract businessmen’s interest to the infrastructure sector.
The country is hosting the International Agriculture Salon from April 24 to 28. The Brazilian embassy is offering a free booth at the show with room for two exhibitors.
