Brazil’s Foreign Trade Chamber has reduced the import tariff on frozen sardine from 10% to 2%, for a quota of 23,000 tonnes until September 30th. Brazil imported 9,500 tonnes from Arab countries year-to-date through March.
From April 1st to 25th, dollar inflows have exceeded outflows by US$ 1.3 billion in Brazil. From January to the same date, the surplus is US$ 3.3 bn.
Value has reached roughly US$ 1.43 billion in March, according to data released by the Treasury. The amount is higher than in the same month in 2013, but is lower than in 2012.
Arab diplomats visiting the state of Santa Catarina convened with executives from local companies who are interested in doing business with countries in the Middle East and North Africa.
Document’s objective is to promote the cooperation between the two organizations. The Dubai-based venture wants to attract Brazilian companies.
Team is discussing a partnership with Al Wahda, of the Emirates. Athletes should spend up to 40 days training in the sub-18 league of the team from Rio de Janeiro.
The forecast was issued by the Economic Commission for Latin America and the Caribbean (Eclac). The growth estimate for Brazil’s economy is 2.3%.
According to Finance minister Guido Mantega, in order for the country’s economy to re-enter a desirable cycle, the investment rate must climb to 7% per annum.
During a meeting with the Santa Catarina governor, Arab ambassadors said the Brazilian state can import more goods from their countries. In the state, they also met with businessmen and the mayor of the capital Florianópolis.
The metaphor was used by Jebel Ali Free Zone delegates to illustrate the opportunities available to Brazilian companies operating from the emirate.
Spain’s Bamesa has inaugurated a new unit at the Tangier Free Zone. The facility should process up to 100,000 tonnes per year.
This was the revenue the sector posted last year. There has been an increase of 4.4% over the previous period.
In Q1, the Dubai-based ports operator handled 14.3 million TEUs worldwide. Throughput at proprietary terminals was 6.8 million TEUs.
Diplomats from Middle Eastern and North African countries will be welcomed by the state governor and the mayor of Florianópolis, and will meet with businessmen to expand business relations.
