The government will spend the funds on food, job creation, and economic stabilization. A fundraising meeting for countries and organizations is now taking place in Riyadh, Saudi Arabia.
According to the Brazilian Ministry of Agriculture, the record high sales to foreign countries in August do not pose a threat to the country’s domestic supplies.
The Brazilian government has reduced the tariff on imports of the industrial input from 10% to 2%.
Sales of Brazilian products to both regions generated US$ 2.25 billion in August. Imports also dropped in the month. Ministry blames the international crisis.
The photograph exhibit on Arab presence in Latin America will be on show at the ONA Foundation’s Villa Des Arts as of next Friday (7th). The show has already been made permanent in Morocco.
Brazil exported the equivalent of US$ 22 billion and imported US$ 19 billion.
The food industry machinery manufacturing company is looking for representatives in Arab countries to expand its operations. The enterprise already exports to Kuwait, United Emirates and Saudi.
Financial analysts have revised their projection downwards for Brazil in 2012, from 1.73% to 1.64%.
The state increased production from 12,000 tonnes in the early 1990s to over one million tonnes. The arrival of new entrepreneurs, development of technology and a promising market helped.
The Brazilian government and the FAO will promote a seminar in Morocco and Tunisia to share anti-hunger and poverty policies. The event marks the beginning of a multilateral cooperation agenda.
In the Arab country, 1.5 million hectares of farmable lands are in the hands of foreign investors, according to a FAO/Fida study.
University of Brasília professor Cláudia Balduíno Ferreira created a site about the main authors and books in French in the region and has already even organized a seminar about Algeria.
According to the International Air Transport Association, passenger demand in the region was up 11.2% in July. Demand was up in Latin America and Africa as well.
The goal is to showcase the country’s non- oil and gas products and services. The program includes business matchmaking rounds and enrolment closes on October 4.
