• Categories
  • Archives

Minister Forecasts 11% Boost in Brazilian Exports with a Little Help from World Cup

Brazil’s Minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, has announced his forecast for Brazilian exports in 2006: US$ 132 billion, which will be an 11% increase over 2005 (US$ 118.3 billion).

Commenting on the fact that his forecast is the highest among various forecasts by market analysts, Furlan said: "It may be seen as optimistic. But it is based on studies by people who work with me and looked at all the economic segments. We are convinced it is perfectly possible."

Furlan said it will be essential for the government to continue its export incentive programs.

Furlan added that following the success of Brazil Year in France in 2005, this year the focus will be on Germany where the World Soccer Cup will be held.

Furlan, pointed out that in 2005 Brazilian exports rose 23.1%, while China’s exports rose 25%. And that occurred with the world average export increase at 13.8%.

Brazilian exports have been rising above the world average since 2003. According to Furlan, Brazil has now become one of the world’s top five exporting countries that do not export petroleum.

ABr

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Your email address will not be published.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’s Landless Double Invasions to Become Part of Presidential Campaign

The recent sharp increase in activity by Brazil’s Landless Rural Worker Movement (MST), as ...

A Life in the Day of São Paulo, Brazil

Norman Normal, a middle-aged expatriate journalist, was awakened as happened every day in São ...

In Brazil Inflation Falls, Unemployment Rises, Real Zooms Up 26%

The inflation index in Brazil fell to a seven-month low in February mitigating concerns ...

Brazil-USA: Bumpy Road Ahead

I foresee a deterioration of relations between the Bush administration and Lula’s PT version ...

Democracy 101

Brazilians are really not too impressed with the free trade experiment. They want a ...

Green Forever Gets a Chance in Brazil

The Brazilian government has stood up to the powerful forces of illegal loggers and ...

Nike and Puma Had Coach Parreira as Hostage, Say Brazilian Fans

Brazil returned home from the World Cup on Monday, June 3, to little fanfare, ...

Brazilian Astronaut Will Wear Clothes Made in Brazil in Space

The garments that Brazilian astronaut Marcos César Pontes is going to wear during his ...

Brazil: Grassroots Action Amid Mud Huts

Brazil’s Ministry of Cities’ National Urban Development Policy program (PNDU) has arrived in a ...