The US$ 217 million instalment is part of an agreement signed in 2013. The Fund says the economy is growing slowly, but acknowledges the fact that structural reforms are being implemented.

Watch in this episode: Arab ambassadors visit Santa Catarina state; how to welcome an Arab guest; Professor Claudio Jorge Monteiro from the FGV School of Economics; and the Apas supermarket trade fair.

Industry weighed down on the country’s economy in quarter two with a 3.4% decline. In the twelve-month period leading up to June, GDP was up 1.4%.

Representatives of Cevital are participating in the Brazil-Africa Forum, which is being held until Friday. The Arab Chamber’s International Business executive, Fernanda Baltazar, is also attending the event.

The São Paulo International Book Biennial offers options ranging from classics to books on Arab cuisine. The publisher Arresala focuses on Islam and is attracting visitor attention.