Brazil South Has Already Exported US$ 12 Billion This Year

Shoes made in Brazil Brazilian businesses small and medium from the states of Rio Grande do Sul, Santa Catarina and Paraná, all in the South of Brazil, should have an export financing program, as announced by Brazilian authorities.

Representatives of the Inter-American Development Bank (IADB) and directors of the Regional Development Bank of the Far South (BRDE) met July 1st, in the city of Porto Alegre, capital of Rio Grande do Sul, to set the implementation.

According to information disclosed by the government of the state of Rio Grande do Sul, the funds will be supplied by the IADB and will then be forwarded to Southern businessmen by the BRDE.

"The bank wants to be a partner with the initiative, because it is familiar with the potential clients and the reality of the South region, where it has operated for 48 years," stated in a press release the chairman of the BRDE, Mario Bernd.

From January to May, exports from the three states totaled US$ 11.8 billion, Rio Grande do Sul ranking first, with US$ 4.82 billion, followed by Paraná, with US$ 4.43 billion, and Santa Catarina, with US$ 2.55 billion. The main products shipped were: soy, tobacco, shoes, chicken meat, motocompressors and sugar.

According to the coordinator of the IADB Integration and Trade Support Program, Fabrizio Opertti, the BRDE was chosen for its capacity to supply technical follow-up and identify projects with potential. Enterprises located near border regions will be a priority within the program.

Anba

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Your email address will not be published.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

90% of Brazil’s Cashew Is for Export

Caju Maior, a small company with offices in the city of Maceió, capital of ...

Brazil’s Cheap Cost of Living Is a Myth, World Bank Study Shows

A World Bank comparative study on prices and purchasing power has found that Brazil ...

A Model US$ 11-Billion Brazilian Program to End Desertification

Faced with a very negative scenery involving desertification around the world, Brazil was responsible ...

Brazil Boosts Interest Rates for 9th Time in a Row

The Monetary Policy Committee (Copom) of the Brazilian Central Bank (BC) decided yesterday to ...

Oil and Bush Do Brazil Good

Brazilian markets climbed, aided by a plunge in global oil prices to below US$ ...

Brazilian Oil Workers Strip Naked to Protest Their Wages

A group of Brazilians, all of them retired and pensioners, got naked today in ...

Before Banning Brazil’s Beef, Russia Was Biggest Client

Exports of Brazilian beef in natura to Russia from January to September of this ...

African mother cares for sick child

US to Join Brazil in Fight Against Malaria and Tuberculosis in Africa

Brazilian President, Luiz Inácio Lula da Silva, and his US counterpart, George Bush, agreed ...

In Brazil, Courts Are Way Out of Line Censoring and Punishing Journalists

Brazilian freelance journalist and blogger Carlos Santos based in Mossoró, a town in Brazil’s ...