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Invest in Brazil News

  • Caixa Econômica Bank opens agencies in Europe for Brazilians who wish to withdraw from their Guarantee Fund

    The Federal bank, Caixa Econômica, and the Ministries of Foreign Affairs and Labor & Employment have launched a service to attend request for withdrawals from the Workers' Guarantee Fund (FGTS) for Brazilians living in Europe. The launching ceremonies take place today (May 8) in London, England and Thursday (May 10) in Paris, France.

  • Brazil strengthens its position as a food supplier in Shanghai

    A delegation composed of experts from the Ministry of Agriculture, Livestock and Supply (MAPA) will attend the SIAL Fair - China in 2012, to be held between May 9th and 11th in Shanghai. The MAPA mission, in partnership with the Ministry of Foreign Affairs and ApexBrasil, will also meet with Brazilian exporters from the meat, coffee, pastries, juices and drinks, chocolates and ethnic products sectors.

  • BNDES approves R$ 6.5 million to study on viability of biofuels in West Africa

    The BNDES will support with R$ 6.5 million the conduction of a technical study to evaluate the feasibility to produce biofuels in member countries of the Economic and Monetary Union of West Africa (UEMOA). Works will be conducted by the consortium of BAIN-MMSO — formed by the consultancy office of Bain Brazil LTDA; and the firm Machado, Meyer, Sendacz e Opice Advogados —, which was selected by means of Public Call performed by the BNDES in 2011.

  • Mapa signs term to encourage good farming practices

    To contribute to the reduction of greenhouse gas emissions, a letter of intent to recover degraded pastures was signed this week by the Ministry of Agriculture, Livestock and Supply (Mapa). The cooperation document, with a validity of 10 years, was signed between Mapa, the Brazilian Enterprize for Agricultural Research (Embrapa) and the Sustainable Livestock Working Group (GTPS), composed of representatives of different segments of the value chain of the bovine cattle in Brazil.

  • Brazil was the main destination of foreign direct investments in Latin America and the Caribbean in 2011

    Brazil was the main recipient of foreign direct investment (FDI, resources that go to the productive sector of the country) in Latin America and the Caribbean, in 2011, according to the report of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), released yesterday. The report ,called Foreign Investment in Latin America and the Caribbean, shows that the country received US$ 66.7 billion, 43.8% of the total flow to the region.

  • The number of computers in Brazilian households has tripled in ten years

    The presence of computers in Brazilian households has tripled in the last decade. However, the equipment is still not present in over half of households - the penetration rate is 38.3% on average, of which 30.7% of which are connected to the internet. The information is contained in a survey released today (April 27) by the Brazilian Institute of Geography and Statistics (IBGE).

  • Government to make historic investment in public transport in large cities, says President Rousseff

    In the radio program 'Coffee with the President', aired on Monday, April 30, President Rousseff highlighted investments by Federal Government in partnership with States and Municipalities to improve public transport in large Brazilian cities. R$ 32.4 billion will be invested in subways, light rail vehicles, monorail and exclusive bus lanes. According to the President, this historic investment is the first step in addressing the problem of time taken by people to move around large cities.

  • Rio+20: Brazil seeks convergence

    The Environment Minister, Izabella Teixeira, said yesterday that the fundamental role of Brazil at the UN Conference on Sustainable Development, Rio+20, will be strategic, seeking a consensus among the participating countries: "Brazil has a unique opportunity to lead the pursuit for convergence between the various camps to ensure a successful meeting", she stated. "We want a strong sustainable development agenda at the UN".

  • Brazil is the ninth-ranked country in the world in fiscal transparency, says the Brazilian Minister of Planning

    Since its re-democratization, Brazil has made great advances in improving mechanisms for transparency and control of public spending, which improves the quality and implementation of governmental and fiscal policies in the country. As a result of this, Brazil now occupies ninth position in a ranking of 87 nations according to an evaluation undertaken by the IBP - International Budget Partnership.  

  • Brazil will seek consensus among participants at the Rio+20, says Minister of Environment

    The Minister of Environment, Izabella Teixeira, said yesterday that the role of Brazil in the United Nations Conference on Sustainable Development, Rio+20, will be strategic in the search for a consensus among participating countries.

  • Brazil will help Libya in landmines removal, in the control of weapons and fight against AIDS

    In an effort to bring Brazil closer to Libya, the Brazilian Government decided to make donations, send experts and support the parliamentary elections within two months in the country. Brazilian experts who will work in demining (removal of landmines) should be on the way to Tripoli, capital of Libya, in the next few days. Additionally, technicians in identifying weapons will also be sent, along with donations of antiretroviral drugs for combating aids.

  • Dilma Rousseff announces new targets and "My House, My Life" will build 2.4 million homes

    The target for the "My House, My Life" program will be expanded to 2.4 million housing units to be built by 2014. The announcement was made today (April 12) by President Rousseff. She said that the government is working on the distribution of homes by income bracket and by municipality.

  • Brazil and the UK sign international cooperation agreement

    Brazil and the United Kingdom will support projects aimed at climate-smart agriculture and food security, under the umbrella of the Millennium Development Goals. A letter of intent for this purpose was signed yesterday in Brasilia by the Minister of Agriculture, Livestock and Supply, Mendes Ribeiro Filho, and the UK Secretary of State for International Development, Andrew Mitchell.

  • Volume of freight transported by rail increased by 5 million tons in one year

    Freight movement on the Brazilian rail network grew by 87.6% between 1997 (the year that sector privatization began) and 2011. According to a study by the National Association of Rail Carriers (ANTF), annual freight movement rose from 253.3 million tons in 1997 to 475 million tons in 2011. Freight movement registered an increase of 5 million tons compared to 2010.

  • Partnership for Open Government brings together leaders from 53 countries for a meeting in Brasilia

    On April 17th and 18th delegations from 53 countries will meet in Brasilia for the annual meeting of the Open Government Partnership (OGP), an international initiative that aims to disseminate and encourage government practices such as spending transparency, public access to information and public participation. The event will consolidate the OGP as an innovative movement for the application of tools and technologies that can help governments to resolve long-standing problems and provide tangible results for citizens.

  • Brazil wants the United States to be the principal destination for scholarships within the Science Without Borders Program

    The Brazilian government wants to increase scientific cooperation with the United States, and wants scholarships with American universities and companies granted through Science Without Borders to make up a fifth of the program. The government's intention is to place 100,000 professionals and researchers in various countries over the next four years: 20,000 in the United States alone. The government promises to fund 75,000 scholarships and expects the private sector to sponsor a further 25,000.

  • Brazilian public sector primary surplus reached in February the best result for the month since 2001

    The consolidated public sector primary surplus reached R$ 9.5 billion in February, the best result for the month since the beginning of the series, in 2001. The Central Government recorded a surplus of R$ 5.3 billion; regional Governments, R$ 5.1 billion surplus; and state owned companies, R$ 872 million deficit. In the year, the surplus reached R$ 35.5 billion (5.38% of GDP), 1.35 p.p. of GDP higher than the one registered in the same period in 2011. As for the surplus earned in 12 months, it reached R$ 138.6 billion (3.33% of GDP).

  • Trade activities between Brazil and India should reach US$ 15 billion by 2015

    In search of expansion for economic and trade relations, the Governments of Brazil and India have adopted a strategic partnership encompassing health, education, science and technology, defense, agriculture, social and environmental programs. The President Dilma Rousseff said on Friday, March 30, during a visit to New Delhi, India, that the goal is to increase the negotiated amount of US$ 9.12 billion in 2011, to US$ 15 billion by 2015.  

  • Brazilian industry confidence index increased 0.5% in March

    The Industry Confidence Index increased 0.5% in March this year, in relation to the previous month. According to Fundação Getulio Vargas (FGV), the index went from 102.5 points in February to 103 points in March. It is the fourth consecutive increase, featuring the evaluation from businessmen of the industry in relation to the sector.

  • Central Bank maintains in 3.5% the estimative of economic growth this year

    The Central Bank (BC) maintained the estimative of economic growth – Gross National Product (GNP) – this year in 3.5%. The information is part of the Inflation Report released this week by the Central Bank.

    According to the institution, the Brazilian economic activity has showed a moderate decrease in 2012, due to the effects of the economic policy and some deterioration of the international environment, but the perspectives point out to acceleration this year. In 2011, the economy grew 2.7%.

  • Minister presents a positive scenario for investments in Brazil during meeting in USA

    During a meeting with American and Brazilian investors yesterday, in New York, the Minister of Planning, Budget and Management (MPOG), Miriam Belchior, affirmed that Brazilian economy should perform growth increase in 2012, compared to last year, diverging from the global slowdown. The Minister explained to business people, American and Brazilian investors, representatives of diplomatic body and journalists, that Brazil took the fourth position in the global flow of foreign investments, reaching a historic record of US$ 66.7 billion.

  • Ministry of Agriculture highlights sustainability of Brazilian agriculture during event in London

    The advance of sustainability in soil management and environmental preservation, the emission of low carbon and the positive indicators of food production, which guarantee security to combat the hunger in the world, were some of the issues discussed during the lecture of the Ministry of Agriculture, Livestock and Supply (Mapa) Mendes Ribeiro Filho. The lecture took place yesterday at the Marriott Square in London, during the FT Sustainable Agriculture Summit.

  • BNDES and official banks of BRICS sign agreement to finance companies in local currency

    The president of BNDES (Brazilian Development Bank), Luciano Coutinho, and the presidents of the development banks of China, Russia, India and South Africa, countries that together form the block known as BRICS, signed two agreements that open a way for the intensification of economic relations between the emerging potencies.

  • BRICS study group creation to organize a development bank

    Brazil, Russia, India, China and South Africa will join efforts to have a specific development bank for the group of BRICS – formed by five countries. A working group formed by technicians from five nations will conduct the studies to organize and put together the financial institution.  However, before consolidation, the group will internally negotiate with local currencies.