Brazil and Mauritania to Explore Oil Together

Brazil’s Minister of Science and Technology, Eduardo Campos, met last Monday, May 2, with the President of Mauritania, Maaouya Ould Sid’Ahmed Taya, in Nouakshot, the capital of the Arab country, to discuss cooperation agreements between both countries in the scientific area.

The main reason for the visit was the beginning of a process for cooperation in research and technology turned mainly to oil exploration and the construction of pipelines in the Arab country. The agreement should also include cooperation in agricultural technology, extraction of iron ore, diamonds and phosphates.


Apart from discussing cooperation agreements, the minister also had the objective of personally inviting the president of the Arab country to participate in the summit between Arab and South American heads of state to take place on May 10 and 11 in Brazilian capital Brasí­lia.


Mauritania is part of the Maghreb, the group of Arab countries located in North Africa. The GDP of the Arab country totalled US$ 1.1 billion last year and fish and iron ore were the main products exported by Mauritania. Among the natural resources found in the country are copper, phosphates and plaster.


In 2004, Brazilian exports to the country totalled US$ 39.6 million, against US$ 19.4 million in 2003, an increase of 104%. In the previous years, shipping was no greater than US$ 5 million. Sugar is the main product in the trade basket, followed by powdered milk and axels for trains.


Anba

Tags:

You May Also Like

In Brazil’s Inhumane Jails Almost Half the Inmates Were Never Convicted

Since its transition from dictatorship to democracy in the mid 1980s, Brazil has undergone ...

Brazil Opens 1000th Computer Center

The Bank of Brazil’s (BB) Digital Inclusion Program attained the mark of 1000 community ...

Brazil Market Closed for Carnaval

Latin American shares rose, even as Brazil’s market was shut for Carnaval. Stocks in ...

The Brazil Cost Comes Mainly from Excessive Use of Highways

More than thinking about development of railways in Brazil, the government and private initiative ...

Brazil Spends US$ 27 Bi and Is Leader in Military Spending in Latin America

According to the latest report from the Stockholm International Peace Research Institute, SIPRI, Brazil ...

Brazil Says Child Sex Is Serious Matter. Crime Involves Authorities and Elites.

Sexual exploitation of children continues to be a serious problem in Brazil, "reaching worrisome ...

4.4 Million Brazilians Are in College, a 27% Jump

According to a new study, the Gains of Education on the Labor Market, higher ...

Brazil Congratulates Haiti for Elections Well Done

The Brazilian government sent a message, Wednesday, February 8, congratulating the Haitian people on ...

Prices in Brazil Rise 93%. Those Controlled by Government Go Up 340%

A just-released study by Brazil’s Secretariat of Economic Oversight at the Ministry of Finance ...

Drought Won’t Prevent Brazil from Getting Largest Cereal Crop Ever

The Brazilian government is forecasting a record crop of cereals and oilseeds totaling 148.9 ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`