A mission from the Fund says inflation has declined, foreign exchange reserves have increased and the external deficit has decreased in quarter one.
Revenues from Brazilian agricultural product exports to the region amounted to US$ 2.2 billion from January through April.
The country has decided on banning livestock products imports from the Brazilian state following the discovery of a case of mad cow disease. The occurrence is under analysis.
Brazilian foreign sales in the sector dropped from 52,700 units in April 2013 to 36,700 last month, according to Anfavea. The figures include cars, light commercial vehicles, trucks and buses.
Businessmen who took part of the retailer sector’s event this week in São Paulo, say the show is ideal for exhibiting products and doing business. Contacts should yield orders.
Managing director of the IMF said in Rabat, Morocco, that the nations of the Arab Spring need to boost small and medium-sized companies and the growth of middle class.
According to the Brazilian Institute of Geography and Statistics, the harvest volume will be higher than in 2013, mostly due to 15 products, including cotton, rice and potato.
The region’s share in the Brazilian meat company’s foreign sales increased from 17.3% to 20%. Overall, revenues from meat shipments were up 19.4%.
Exports are benefiting from the scenario of higher global growth and the rising dollar, according to report of the Brazilian Central Bank.
Khalil Labidi, the CEO of the Arab country’s Foreign Investment Promotion Agency, says there are good opportunities in auto parts and services. The organization is planning an office in Brazil.
Foreign sales from Brazil amounted to US$ 3.2 billion in Q1, an increase of 27.8% over the same period last year.
The IMF says the fiscal reform implemented in 2012 is bearing fruit. According to forecasts, inflation should decline and the economy should grow further, but the Fund warns of high unemployment.
Meeting will be held on the 15th and 16th, at the Holy Spirit University of Kaslik (Usek), in Lebanon. The goal is to discuss the regions’ progress and to better understand migration flows between the countries.
Artists, athletes or business travellers from foreign countries no longer require tourist or temporary visas. The decision applies for countries that treat Brazilians likewise.
