After criticizing the French government’s idea of controlling agricultural items’ prices, Brazilian Agriculture minister Wagner Rossi backed down and said the European country is against the measure.
Foreign sales of assembled light vehicles, buses and lorries fell 2% in Q1 2011 as against Q1 2010. To the Vehicle Manufacturers Association, low competitiveness and exchange rates hindered sales.
Brazil exported the equivalent of US$ 647.6 million in March. Rising revenues attest to year-on-year price increase, considering that the volume shipped only grew by 1.3%.
The main business exhibition in Algeria should take place from June 1st to 6th. The five year plan of the country forecasts investment of US$ 286 billion in several areas.
A company in the sector promises to invest US$ 621 million in coming years to purchase trains and build terminals. An organisation in the ports sector should boost operation in Santa Catarina.
The aim is to discuss, with other hospitals in São Paulo, the establishment of a crisis management network.
Africa was the second top target of foreign investment by China from 2003 to 2009. The leading destination in the region was South Africa, but Algeria and Sudan received capital as well.
Flights between Rio de Janeiro and Dubai will start on January 3rd, 2012 and should include an extension to Buenos Aires. Ticket sales will begin next week.
According to the National Treasury secretary, Arno Augustin, Brazil should issue bonds abroad whenever foreign market conditions are beneficial.
The national grain crop in 2011 may exceed the record 2010 crop by 4%, reaching 155.6 million tonnes, according to the IBGE. The South should lead in production.
Company GIG, from Minas Gerais, produces high-end female clothes in knit and has in four Arab countries its main markets abroad. In Brazil, the brand dresses celebrities.
Dubai-based air freight company already offers two weekly flights between the Emirates and Campinas. To the company’s vice president, Ram Menen, trade with Arabs justifies the investment.
The country exported the equivalent to US$ 1.14 billion to the region last month, 23% more than in February and 25% more than in March 2010. In the quarter, sales rose 38%.
On the 13th this month, the organization is going to grant prizes to young artists whose work contributes to develop peace between the two regions. As of now, 20 artists have been selected.
