• Categories
  • Archives

After Lula’s Tour, Brazil Sends Trade Mission to Africa

Brazil is organizing a trade mission to visit various African countries. According to the Brazilian Minister of Development, Industry, and Foreign Trade, Luiz Fernando Furlan, during President Lula’s trip last week to five African countries, the government gathered information to guide the mission.

“We are organizing a specific mission to two or three African countries, including Nigeria, with entrepreneurs from sectors that will be selected beforehand as the ones that hold out the most promising business prospects,” he informed.


Furlan said that representatives of the Brazilian government met with their African counterparts, from whom they obtained trade data which is being cross-checked with the Ministry’s data to define the goals of the mission:


“The idea is to assign priority to countries with which Brazil currently runs a trade deficit. Algeria and Nigeria, for example.”


In the case of Nigeria, the Ministry’s data indicate a Brazilian trade deficit of nearly US$ 3 billion in 2004. Brazil exported US$ 505 million and imported US$ 3.490 billion. Most of Brazil’s imports from Nigeria last year consisted of crude oil.


Furlan informed that the intention is to create a compensation program, like the one set up between the two countries in the 1970’s.


Agência Brasil

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil’s Best Pure Blood on Sale

The 23rd edition of the Brazilian National Arabian Show, which brings together the best ...

Five-Star Jail

Under Brazil’s quaint penal code, criminals and suspected criminals with a higher education qualification ...

With the Schools It Has, Brazil Has no Future

The future has the face of its school of the present; Brazil, therefore, has ...

Mining in Brazil

Lula Ally Opposes Government Bill Regulating Mining in Indian Land

Senator Tião Viana (Workers' Party, state of Acre), the vice-president of the Senate, declared ...

A scene from Brazilian movie Cidade de Deus (City of God)

1,200 Vigilantes Poised to Invade Brazil’s City of God. It’s Not a Movie

Cidade de Deus (City of God), the Rio neighborhood made famous by the eponymous ...

Brazil’s Indians and Farmers Find a Common Cause

For the first time, Brazilian indians and farmers are getting mobilized to save the ...

Emperor Henrique I

If everything works as planned in Brasília, Brazilians won’t have to worry about a ...

Drought Leaves Amazon Populations in Brazil Isolated Without Water, Food and Medicine

The drought in the Amazon basin which has limited navigation in many tributaries leaving ...

On Jobim’s Track

Being dedicated Jobimophiles, we had asked to be shown all the places Tom Jobim ...

Death Threats and Lawsuits Can’t Silence This Lone Brazilian Journalist

Death threats, physical assaults and 32 lawsuits – this is what freelance journalist Lúcio ...