• Categories
  • Archives

Brazil and Trinidad and Tobago Talk Energy Business

A group of Brazilian businessmen arrived in Trinidad and Tobago on Sunday, September 25, for a two-day visit to negotiate partnerships and expand trade relations in the food, sugar and alcohol, and construction sectors.

Closer business ties are being promoted by the Brazilian Ministry of Foreign Relations, which identified potential buyers in Trinidad and Tobago, which receives US$ 1 billion in investments, annually.

For Luciano Gonzaga Filho, who represents a São Paulo food manufacturer, the small role of agriculture in the country’s economy (2%) provides room for the importation of Brazilian products with aggregated value. His company plans to offer Caribbean entrepreneurs processed animal and vegetable products.

According to the United Nations Food and Agriculture Organization (FAO), Trinidad and Tobago imports US$ 200 million worth of dairy products each year, and Brazil is currently responsible for US$ 6 million of this total.

For the Brazilian ambassador to the country, Luiz Fernando de Athayde, the time is also ripe for talks between the two countries on the energy sector. The ambassador says that Trinidad and Tobago may be a cheaper source of liquefied natural gas for Brazil and could share this market with Bolivia. The Caribbean country is also interested in exchanging experiences on the production and application of ethanol.

According to Athayde, the dialogue among companies gained impetus after the first official visit by a Brazilian chancellor to Trinidad and Tobago, when the minister of Foreign Relations, Celso Amorim, visited the country in January.

"With the increase in oil prices, Trinidad and Tobago has cash reserves. This is an excellent moment for Brazil to try to negotiate and play up its advantages," he says.

Agência Brasil

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Your email address will not be published.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

Brazilian Authorities Backtrack and US Pilots Are Threatened with Jail

Two hours of conversations by two American pilots between themselves and with the air ...

Brazil’s Boxing Champion Signs with New Orleans Promoter

Lion Heart Boxing Productions announced that it has inked Brazilian Welterweight Contender Antonio Mesquita ...

Brazil Hikes Gas 10%, a First in Three Years

Brazil's Finance Minister, Guido Mantega, has just announced a 10% hike in the price ...

Pope Benedict XVI arrives in Brazil

The Real Reason Behind Pope’s Visit to Brazil: to Squash Liberation Theology

Ask any ordinary Brazilian Catholic why the pope is visiting Brazil, and the corny ...

Brazil Presidential Candidate Marina Silva Vows to Promote Democracy in Cuba if Elected

Brazilian resident Dilma Rousseff’s main foreign affairs’ advisor Marco Aurelio Garcia denied Brazil has ...

Brazilians’ Purchasing Power Among Lowest in the World

São Paulo and Rio, in Brazil, appear in the 48th and 45th places, respectively, ...

LETTERS

For long considered a patrimony of Brazilian music, Francisco Buarque de Hollanda, better known ...

February 1993

CONTENTS: Cover: Rio: under siege (p. 7) First person: Amo esse caos (p. 9) ...

A US$ 3 Billion Plan to Make Brazil Into a World Biotech Leader

A Brazilian consortium has unveiled a multi-billion-dollar strategy aimed at making Brazil a world ...

New California Bill Against Global Warming Pleases Brazil Sugarcane Industry

California has updated its calculations of sugarcane ethanol's emission reductions in a tacit admission ...