Brazil’s Lula in Algeria Means Business

The trip by the Brazilian president Luiz Inácio Lula da Silva to Algeria on February 08 and 09 is not going to cover just politics, but it will also include business meetings.

A delegation of executives of Brazilian companies is going to accompany the presidential visit to Africa, which will also include visits to Benin, Botswana and South Africa.

"This will be an important trip to open new trade opportunities, as we have a growing deficit in trade with Algeria," stated the secretary general of the Arab Brazilian Chamber of Commerce, Michel Alaby, who is also travelling with the delegation.

Last year Brazil exported the equivalent to US$ 384.3 million to Algeria, whereas imports totalled US$ 2.8 billion. Algeria is one of the main Brazilian suppliers of oil.

In January, Brazilian shipments to the Arab country generated US$ 11 million and purchases from Algeria totalled US$ 222.7 million. The figures were supplied by the federal government Foreign Trade Secretariat (Secex).

"I am going to Algeria, to Benin, to Botswana and to South Africa. We are accomplishing an international engagement to generate better relations between Brazil and these countries so that we may increase our trade with some of them and further improve our relations with Africa," stated Lula on his weekly radio program Café com o Presidente (Breakfast with the President), aired by state-owned communications network Radiobras.

This will be the fifth trip that Lula takes to the African continent since the beginning of his term in office, in January 2003.

According to preliminary information supplied by the Itamaraty, the mission to Africa should also include the participation of representatives of companies like Petrobras, in the oil sector, Embraer, the Brazilian aircraft maker, Condor, a maker of machinery for the handling of bulk solids, Randon, a maker of trailers and semi-trailers and Atech, a company that develops systems and software for the aeronautical sector. Construction company Andrade Gutierrez will be represented by the company institutional relations director, Flávio Machado Filho.

Some of these companies already do business in Algeria, as is the case with Andrade Gutierrez, which has just won a tender for the construction of a dam in the country, and Randon, which has an trailer assembly line in the country in a joint venture with a local businessman.

The business meetings scheduled for the 08th should include various companies, like state-owned oil company Sonatrach, airline Air Algerie, the national commercial vehicle factory SNVI, and the Algerian Chamber of Commerce and Industry (CACI), among others.

Agreements

During the visit agreements will be signed between Lula and the Algerian president, Abdelaziz Bouteflika. The treaties are still being negotiated, but, according to preliminary information supplied by the Brazilian Foreign Office (Itamaraty), they should be about technical cooperation in the agricultural area, trade, sea transport and about the establishment of a group to take resolutions about veterinary matters.

"A sanitary agreement would serve to increase Brazilian exports of cattle beef and permit the exports of poultry," stated Alaby. Apart from that he stated that both governments should also negotiate a treaty to eliminate the need for visas for executives on business trips.

Anba – www.anba.com.br

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

With 2 Million Kids Working Brazil Promises End to Child Labor

Since 1996 the Brazilian government has been able to rescue 930 thousand working children ...

Brazilian sugarcane cutter

World Won’t Buy Brazil Ethanol When It Finds Out How It’s Made, Says Congressman

Repercussions over Brazilian President, Luiz Inácio Lula da Silva, declaration earlier this week that  ...

A Few Reasons Why the World Is Taking Its Money to Grow It in Brazil

According to information disclosed this Wednesday, November 28, by the Brazilian Central Bank (BC), ...

MST, Brazil's Landless Movement

Brazil, Spare Us Another World’s Largest Land Reform!

Controversy over statistics isn’t anything new when it comes to Brazilian agrarian reform. Anyone ...

Brazil’s Embraer Shows Off Its Latest Military Plane in Asia

Brazilian Embraer  will show the Super Tucano military trainer aircraft for the first time  ...

Brazil’s Amazontech Debates Amazon’s Self-Sustainability

Technological innovation, science in general and entrepreneurial initiatives turned to the Amazon region should ...

Nigeria Joins Brazil Fight to Reform the UN

Brazilian President Luiz Inácio Lula da Silva said in his speech during the banquet ...

Brazil’s Smooth Observer

André Vasconcellos’s Observatório is a fresh album, which should have a certain amount of ...

Brazil Wants Closer Ties with Caribbean Countries

Brazilian president Luiz Inácio Lula da Silva, speaking at the opening of a summit ...

Brazil: Making a Difference amid Abject Poverty

The Pastoral da Criança (the Children’s Ministry) is a social program of the Catholic ...