• Categories
  • Archives

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:

  • 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Your email address will not be published.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

Brazil Wants to Create 15 New Conservation Units in the Amazon

At present the state of Amazonas, in Brazil, has 14 million hectares of protected ...

POR AÍ

Hollywood Bound By Offering American listeners a rarely heard perspective on contemporary Brazilian music, ...

Brazil: When Judges Go Beyond and Above the Law

The last days of the military regime (1964-1985) coincided with an incredible rise of ...

Brazil’s Industrial Capacity Nearing Its Limit

Brazilian market analysts and financial consultants interviewed last week by Brazil’s Central Bank expressed ...

Great times ahead for the Northeast

Apparently cleaned from its endemic corruption, the Brazilian northeast seems ready to take its ...

Brazil Wants to Restart Work on Nuclear Plant Paralyzed in 1988

The director of Planning, Management and Environment at Eletronuclear – the Brazilian company that ...

Brazil’s Trade Surplus Falls 64% in 2008 Due to Cheap Dollar

Brazil's balance of trade (exports minus imports) ran a surplus of US$ 260 million ...

In Brazil Cocaine and Marijuana Won’t Land You in Jail Anymore

The use of marijuana, cocaine and Ecstasy is quite widespread in Brazil mainly in ...

Brazil’s First Astronaut Gets the Traditional Bread and Salt in Space

A new crew pulled into port at the International Space Station late Friday, March ...

Brazil: Why Varig Airline’s Rescue Has Become an Impossible Proposition

Today judge Luiz Roberto Ayoub, of a Rio business court (8ª Vara Empresarial do ...