The Libyan Government of National Unity announced selective implementation of a tax on consumption to be levied on imports of items alternatives to which are locally made or whose imports exceed domestic demand. Goods from Brazil will be exempt.
Ministers from the two North Africa countries met with International Monetary Fund technicians in Washington, US to go over cooperation and economic reform implementation.
Consulting firm BMJ Consultores Associados partner Welber Barral believes import tax hikes will fast-track bilateral agreements. A 10% rate has been levied on most Arab countries as well as Brazil. Algeria, Tunisia, Libya, Iraq, Syria, and Jordan will bear the biggest impact.
As of July 2, the Qatari carrier will operate three additional flights between Doha and GRU Airport.
A delegation from the Brazilian aircraft manufacturer visited the North African country to find regional product and service suppliers for its commercial aviation, defense, and urban air mobility businesses.
Members of the youth arm of the Brazilian business group LIDE visited the Arab Chamber to learn more about the Arab countries and their economic potential. They are planning to partner up with counterparts in the region.
Brazilian suppliers of animal protein and fertilizer additives, among other products, have joined the Moroccan International Agricultural Exhibition, at a stand organized by the Brazilian ministries of Agriculture and Livestock, and Foreign Affairs.
The Arab country’s Ministry of Economy and Industry authorized food, chemicals, textiles, and engineering companies to operate in the country in Q1 of this year.
Sales to Middle East and North Africa countries increased in the first quarter of the year despite a slowdown in overall exports from Brazil to the region.
Sales from Egypt to the Brazilian market increased by 99.2% in the first quarter of this year. Shipments from Brazil to the Arab country were also up, especially those of cotton and live cattle.
The unit will be located in the city of Jeddah, with a food processing capacity of 40,000 tons per year. Operations are slated to begin in 2026.
Brazil has 10 million women leading small businesses. Among those already exporting and those aiming to get there, the Arab market is one of the key targets.
Tabla publishing house releases the Portuguese edition of The Disappearance of Mr. Nobody by Ahmed Taibaoui, winner of the Naguib Mahfouz Medal for Literature.
With operations in Brazil and Egypt, the Canadian company provides services for those who want to reduce their plastic footprint while also helping to fight poverty.
