Financial institutions polled by the Brazilian Central Bank expect inflation to be 3.20% this year in Brazil, down from last week’s 3.22% estimate.
Browsing: Brazil
The Arab Brazilian Chamber is expecting over 1,000 Arabs and Brazilians to attend the Brazil & Arab Countries Economic Forum on April 14 in São Paulo. Themed ‘The future is now,’ the event will cover Food Security, Business 4.0, Sustainable Development and Global Movements.
The increase in sales to the Middle East, particularly to Arabs, is a ‘pleasant surprise’ for the Brazil’s largest coffee farmers cooperative.
A survey from the Brazilian Institute of Geography and Statistics (IBGE) shows that the growth was driven by computing and communication services.
The Arab countries stood out among the Brazilian products’ buyers, purchasing 121,700 60-kg bags of the product in January.
Sabor das Índias wants to sell Biquinho pepper to the UAE but plans on breaking into the Arab markets with premium products and an Amazonian line, too.
Morocco already is the Arab country that exports the most fish to the Brazilian market. With the opening, the secretary of Aquiculture and Fisheries of the Ministry, Jorge Seif Júnior, expects to ‘create a more bilateral trade.’
Overall Brazilian poultry exports were up 15%. The Arabs, though, imported 3.5% less year-on-year.
Opportunity focus on STEM students. Brazilians can choose an exchange in Egypt, and Egyptians can choose Brazil.
Brazilian Agricultural Research Corporation president Celso Moretti visited the Arab country and discussed partnerships in several fronts, including Africa. The institution could open an office in Abu Dhabi. “We’ve identified four big pillars of cooperation,” he told ANBA.
Production of the fruit could reach 330 thousand tonnes in 2020, said the country’s minister of Agriculture, Samir Taïe.
Brazilian minister of Mines and Energy, Bento Albuquerque, discussed the topic in New Deli. A similar attempt was tried before with the US.
Figure was reached for the first time. Oil extraction was up by 7.8% from a year before, and natural gas by 9.5%.
Global foreign direct investment flow totaled USD 1.39 trillion last year, down 1% from a year before. But in Brazil they increased 26%, in Saudi Arabia 9%, and in Egypt 5%.
