A bill of the Foreign Trade Board reduced tax on items for the aircraft, computer, telecommunication and capital goods industries.
The optimism of Brazilians increased in July for the third month in a row and reached 116.8 points. There was growth of 1.8% over June. The basis is 100 points, above which expectations are positive.
The state is the main producer and the first in the ranking of foreign sales in the sector. The good performance is due to modernisation of production. Iraq, Bahrain and Qatar are potential buyers.
The Arab country’s Industry and Trade minister, Rachid Mohamed Rachid, addressed the matter with Brazilian counterparts in different ministries. He wants greater cooperation for encouraging business.
Brazilian and Egyptian firms attended business roundtables at the Arab Brazilian Chamber headquarters. They negotiated items ranging from food and fertilizers to agricultural machinery and textiles.
Foreign trade revenues should reach US$ 12.4 billion, according to the sector association. In volume, sales should total 620,000 units. Forecasts are 90,000 units greater than the previous estimate.
Sectorial association Abinee expects the sector to post revenues of over US$ 71 billion in 2010. The segments that grew the most were computers, industrial equipment and appliances.
The projection for the crop is in the 2009/2010 study. The volume is 8.8% greater than in the last cycle and 2% greater than the previous record, of 144.1 million tonnes.
The 74 companies that are members of the Organics Brasil project should have revenues of over US$ 40 million with exports up to late this year. The sector is recovering after the global crisis.
The assessment was made by the Egyptian minister of Industry and Trade, Rachid Mohamed Rachid, who discussed the agreement signed recently by the Arab country and the Mercosur in an interview to ANBA.
Mai Bint Mohammed Al Khalifa, Bahrain’s Culture minister, was named chairperson of the World Heritage Committee yesterday. The organization’s last meeting was held in the Brazilian capital Brasília.
The hotel chain from Dubai should manage Jumeirah Gamsha Bay Resort, a five-star enterprise in Palm Gamsha, on the Red Sea.
The demand in China should sustain the growth of sales of Brazilian soy grain. The Arab market is also growing. Exports should total 29.8 million tonnes this year.
The minister of Industry and Trade, Rachid Mohamed Rachid, should be in São Paulo starting today. The trade delegation he is heading includes over 30 people.
