During forum in the Arab-Brazilian Chamber, the initiative to bring the Tunisian and Brazilian business sector closer together was reactivated featuring Foreign Minister Nabil Ammar. Representatives of the pharmaceutical industry from both countries signed a letter of intent seeking to further exchange.
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The event will be held on October 31 and November 1 in the capital of São Paulo, featuring lectures by Brazilian and African countries heads and business roundtables.
National US-Arab Chamber of Commerce president David Hamod and Algeria’s Industry Ministry secretary-general Belabrik Salah Eddine met during a special session in the Economic Forum Brazil & Arab Countries.
Year to date through November 2021, the Brazilian retail trade sales stepped up 1.9%. Increased sales in hypermarkets, supermarkets, foodstuff, beverages and tobacco contributed to the results.
Operations via electronic payment terminal were up 220% this year in the Algerian market, but the government wants to boost its use evenfurther.
Data is measured by the Brazilian Confederation of Goods Trade, Services, and Tourism. The index reached 68.4 points and has had its highest level since April.
Brazil ran a USD 2.2 billion surplus last month as exports cooled off and imports climbed, prompting the government to revise its yearlong estimate.
Brazil ran a USD 2.3 billion surplus last month, the lowest for the month since 2010. Both exports and imports slid.
An index from the WTO shows growth falling short of medium-term trends, and the performance seen in the first three months of the year might repeat itself.
Brazil registered a USD 10.9 billion surplus in the first quarter, an 11% drop over the same period of 2018. In March, the balance stood at USD 5 billion, a 22% reduction.
The emirate exported USD 544 million and re-exported USD 472 million worth of non-oil goods during the month, while imports reached USD 2.3 billion.
