Exports to US Rose 20%, But South America Is Brazil’s Main Market

The countries of South America, rather than the United States, represent the main destiny of Brazil’s exports at present, although space on the US market has not been lost.

This affirmation was made on Friday, August 19, by President Luiz Inácio Lula da Silva at the inauguration of the IBM Information Technology Center in Hortolândia, in the interior of the state of São Paulo.


“We stopped sitting on the throne waiting for somebody to discover us and come to buy. We decided to get out and show what we are capable of,” he emphasized. Lula added that exports to the United States rose 20%.


The President pointed out that the government has invested in the information industry. According to him, the idea is to export US$ 2 billion in services and free software by the end of 2007.


Digital inclusion is another goal. Lula cited the Brazil House project – community telecenters equipped with at least 10 computers with high-speed connections and free software – in the country’s poor regions.


The President also referred to the expansion of the Computers for All program, recalling the creation of credit lines for the purchase of computers costing up to US$ 580 (1,400 reais).


Lula explained these lines will soon be available at the Bank of Brazil, the National Economic and Social Development Bank (BNDES), and the Federal Savings Bank, at below-market interest rates.


The IBM Center is intended to search for technological solutions for the industrial and automotive sectors in Brazil and other countries. The company is expected to employ around nine thousand people over the next two years.


Agência Brasil

Tags:

You May Also Like

Brazil ballot box with question about sales of guns

Brazil’s First Referendum Ever Is Blow to Oligarchy

The holding of the first referendum in the country’s history, on the sale of ...

Some Light Camera Action at Cinema Brazil

A fresh breeze is blowing through the Brazilian cinema sector. Although films have been ...

With Surging Nickel and Copper, in Brazil Not All That Glitters Is Iron

The record high profit posted by Brazilian mining company Vale do Rio Doce (CVRD) ...

Despite Big Drop from December Brazil Auto Industry Has Best January Ever

In Brazil, production and sales, domestic and foreign, of vehicles had their best January ...

Being a Judge in Brazil Is Often Also Being a Legislator

Judges in Brazil acquired from the 1988 Constitution an impressive degree of administrative, financial, ...

Brazil Creates World’s Third Largest Bourse, the US$ 20 Billion BM&F Bovespa

Cade (Administrative Council for Economic Defense), the Brazilian antitrust authority, approved the merger between ...

Prosecutors Want to Close Airport After Brazil’s Deadliest Plane Accident

Brazil's Federal Public Prosecutor's Office has filed a civil action requiring  "the suspension of all ...

Saudi Arabia Orders 15 Jets from Brazil’s Embraer

Saudi Arabian Airlines is going to purchase 15 aircraft of the Embraer 170 model. ...

Vehicle Sales in Brazil Grow 32% and Break Record

Sales of new vehicles in the Brazilian domestic market achieved in June the best ...

Brazilian Couple Convicted for Homeschooling Their Two Kids

Cleber and Bernadeth Nunes from Timóteo, a city 196 km (122 miles) from Belo ...