Octavio de Barros claims the country should be more welcoming of international products and focus on bilateral and regional agreements. He spoke during an event at the Arab Chamber this Wednesday (15).
Cargo volume handled in Brazil in 2016 was slightly down from the year before as a result of the maize crop failure, according to data from the National Agency for Waterway Transportation (Antaq).
Delegates from the Chamber, now under a new administration, convened with Arab diplomats in Brasília and pledged to work on increasing promotion of Arab goods on the Brazilian market.
Foreign investment amounted to USD 850 million worth of purchase operations in the Abu Dhabi Securities Exchange in January. Net foreign investment reached USD 110 million.
Capacity for energy generation from wind sources in the country increased by over 2,000 MW last year according to an international survey.
An index from Brazilian think tank Fundação Getulio Vargas and Germany’s Ifo institute slid between October 2016 to January 2017. The scenarios in Brazil, Mexico and Argentina played a part.
Revenue from Brazilian foreign sales to Arabs increased by 13.5% year-on-year in January. Shipped amounts and the prices of sugar and ore drove the increase.
A former chief economist with Brazilian bank Bradesco, he will go over the domestic and global scenarios in a breakfast for Chamber member companies next Wednesday (15).
Exports exceeded imports by nearly USD 1 billion in Brazil during the second week of February. Another surplus had been recorded in the first week of the month.
João Dória Júnior met with Arab investment funds to present his administration’s privatizations program. He is due to deliver a lecture at the World Government Summit in Dubai.
Expectations from financial market players regarding the Brazilian economy in 2017 have edged back from 0.49% to 0.48%.
Last year, over 100,000 outlets closed in Brazil, according to a survey conducted by the National Federation of Trade in Goods, Services and Tourism.
Apex-Brasil and the Brazilian Ministry of Foreign Affairs are arranging a trip to Morocco, Egypt and Algeria in April and companies can join in. Further details will be provided at the Arab Chamber on February 15.
Enrolments will open soon for a postgraduate course in Arabic language at the Federal University of Rio de Janeiro (UFRJ). Classes will run from March to December.
