Brazil and Pakistan Ready to Increase Business

    Brazil’s President Luiz Inácio Lula da Silva received, today, the President of Pakistan, Pervez Musharraf, and the first lady of that country, Sehba Musharraf, at the Planalto Palace.

    This is the first visit to Brazil by a Pakistani head of state. According to the Ministry of Development, Industry, and Foreign Trade, bilateral exchanges between Brazil and Pakistan have totaled approximately US$ 77 million so far this year.


    From January to October, Brazil exported US$ 72 million to Pakistan and imported US$ 4.9 million from there. The chief Brazilian products consumed in Pakistan are beef fat, tractor parts and accessories, and cotton.


    Besides commercial relations, the Presidents are expected to discuss coordination in the ambit of the G-20 and the war against hunger and poverty.


    Pakistan is a member of the G-20, the group of agricultural export-producing countries in which Brazil exercises one of the leadership roles.


    Moreover, Musharraf was one of the participants at the Meeting of World Leaders for Action against Hunger and Poverty, on September 20, in New York.


    The Pakistani President is scheduled to pay a visit to the National Congress, where he will pay his respects to José Sarney and João Paulo Cunha, presidents of the Federal Senate and Chamber of Deputies, respectively.


    Tomorrow, November 30, he will proceeed to São Paulo, where he will open the Brazil-Pakistan business seminar. He also plans to visit the Brazilian aircraft manufacturing company, Embraer, in São José dos Campos, São Paulo state. From Brazil he will move on to Argentina and Mexico.


    Trade Exchanges


    Brazilian President Luiz Inácio Lula da Silva affirmed that Brazil and Pakistan will promote mutual trade exchanges. According to Lula, the expansion of trade relations, which doubled this year, “is an indication of the great potential that exists.”


    In his address prior to the luncheon, Lula pointed out that the meeting between Musharraf and Brazilian entrepreneurs in São Paulo, will facilitate the identification of new business opportunities.


    “His visit to Brazil reinforces my confidence in the future of our relationship and the contribution we can make to a less asymmetrical international order and a trade geography more suited to our interests,” President Lula emphasized.


    According to the Brazilian President, the four bilateral treaties signed today in the spheres of the war on narcotraffic, nutritional security, visa exemptions, and the establishment of regular consulting mechanisms for matters of mutual interest represent an assurance that Brazil and Pakistan will continue to find innovative ways to get together to satisfy common interests.


    Agência Brasil
    Translator: David Silberstein

    Tags:

    • Show Comments (1)

    • waqas

      Pak and Brazil
      Its perfect decision by both of Govts, appritate it n will be halping in it.

    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

    Diário do Pará website

    23 Years Later Impunity Goes on for Brazilian Ranchers Killers

    On October 27 the Inter-American Commission on Human Rights (IACHR), an agency of the ...

    Brazilian Indians Sue Government to Get Traditional Land Back

    Two lawsuits will reinforce the mobilization of Brazil’s Krahô-Kanela people and their allies, such ...

    Market Expecting Higher Inflation for Brazil in 2006

    Expectations for inflation this year in Brazil were raised slightly in the past week, ...

    Focus of dengue

    In Brasília, Capital of Brazil, Dengue Has Struck Worst Among the Rich

    Compared to the same period last year the number of reported cases of dengue ...

    Brazil Vows Better Help to 3 Million Working Children and Their Families

    Brazil’s Program for the Eradication of Child Labor (Peti) will be incorporated into the ...

    A Brazilian’s Theory on Heart Disease Gets Some Respect in the US

    Considered fascinating by many physicians and scientists, the myogenic theory of myocardial infarction, developed ...

    Brazil Is Main Attraction in Cuba’s Fair

    Brazil is the guest of honor at the 14th International Book Fair in Havana, ...

    US Group Asks for End to Steel Duties Against Brazil

    Members of the Precision Metalforming Association (PMA) testified today at the International Trade Commission’s ...