In meetings with the Saudi king and the GCC secretary general, Lula made a proposal for cooperation in oil as a means for minimizing the impasse on petrochemicals, which hampers the process.
The president of the Saudi Arabian Investment Authority, Amr Al Dabbagh, will travel late this month to talk to businessmen about projects in his country and look into opportunities in Brazil.
The Brazilian president prompted king Abdullah Al Saud to seek reciprocal investment opportunities. According to him, the countries must be ‘brave enough to dare’ and come out of the crisis stronger.
The food company ended the period as the 5th largest exporting company in Brazil, and earned the 5th position in the ranking of the world’s 200 companies with the best reputation.
Foreign sales from the southern Brazilian state grew 31% in April compared with March this year. The figure was US$ 1.12 billion.
The country plans to invest the funds, both public and private, in the diversification of its economy by 2020. The plan involves the strengthening of three sectors and the construction of four cities.
Adalberto Netto works for the government of Saudi Arabia in the implementation of an industrial cluster program using knowledge acquired while working for Petrobras and at the Sebrae.
Biomm, in the biotechnology sector, and Petrobras should sign agreements with Saudi companies on Sunday. One of them involves the production of insulin for trade in the Middle East.
International departures from Brazil grew last month over April last year. TAM leads the market, with 86% participation.
One of the objectives of the new ambassador of the Arab country to Brazil, Mohamed Louafa, is to level the balance of trade between both nations, which generates a surplus to Brazil.
The organisation decided to grant Lula the Felix Houphouët-Boigny Prize, awarded to people who work for peace. He was graced mostly for his work in fighting poverty.
Fashion brand Squadro sells its items to six stores in the Emirates through a showroom in France. The brand director, Renata Campos, believes that there are good growth perspectives in the region.
Enterprises such as Petrobras, Marcopolo, Randon, Vale, Odebrecht, Andrade Gutierrez, Sadia and Perdigão should attend business meetings on the sidelines of the president’s trip to the Arab country.
The balance is US$ 1.1 billion in Brazil in the first eight days of May, according to the Central Bank.
