The Brazilian food company posted US$ 1.54 billion in export revenues in quarter one. The Middle East is the main target market, with over US$ 499 million in imports.

Exchange rate variations increased the revenues to R$ 2.2 billion (US$ 1.1 billion), R$ 113 million (US$ 57 million) up from the same period last year. The company received greater orders of light and defence aircraft.

The country’s export and investment promotion agency was among the winners of the United Nations (UN) award. Organisations from Jamaica and Latvia also won.

Over 20 representatives of Arab nations are participating in a course organized by the Alexandre de Gusmão Foundation to present the country to the foreigners. Somalia and Yemen mull opening embassies in Brazil.

The investment meeting should take place from May 6th to 9th, in Tangiers. The objective is to strengthen economic and trade relations between Morocco and the countries of the Gulf Cooperation Council.