Brazilian Trade Mission to Visit
Economy, Domestic Economy

Brazilian Trade Mission to Visit

A senior Brazilian official will lead a trade delegation to Iran during June 10-13.
The mission, led by director for trade promotion and investment of the Foreign Ministry, Rodrigo de Azeredo Santos, is part of the Brazilian effort to renew contacts with Iranian private and public sectors, and to develop economic and trade relations between the two countries, as announced by minister Jose Serra.
During the visit, new opportunities for Brazilian exporters in Iran and for Iranian investments in Brazil will be discussed based on the commitment of the two countries to deepen bilateral partnership.
The two governments will also seek to advance the memorandum of understanding on financing and guarantees to Brazilian exports to Iran.
In 2015, trade between Brazil and Iran totaled $1.6 billion, a 29.5% drop compared to 2011 when bilateral exchanges amounted to $2.3 billion. The governments of Brazil and Iran seek to increase annual bilateral trade to $5 billion.
Brazilian exports continue to be concentrated mostly on food, such as meat, corn and sugar, but there is great potential in sectors such as transportation equipment, mechanical and electrical machinery equipment, equipment for oil and gas industries, and agricultural implements, Brazil’s Foreign Ministry website reported.

Short URL : http://goo.gl/e4xYsV
  1. http://goo.gl/uph5wc
  • http://goo.gl/S3h4RB
  • http://goo.gl/9R6pdc
  • http://goo.gl/D20Fmz
  • http://goo.gl/ZE53Q0

You can also read ...

German firms, especially those without business links to the US, want to continue their Iran business.
While Germany’s big banks are studiously avoiding Iran-related...
New Rules Allow  Direct Forex Sale
Businesspeople that have validated their purchase orders are...
Iran is the world’s biggest saffron producer and accounts for more than 90% of the global production.
Iran Mercantile Exchange launched saffron futures trading for...
Banking Amendments Approved
The Money and Credit Council approved the Central Bank of Iran...
Iran Khodro Expanding Presence in Iraqi Market
Iran’s largest carmaker, Iran Khodro, is set to export 6,000...
Uber Plans Taxi-Hailing  in Japan
Uber Technologies plans to launch its first taxi-hailing pilot...
Tesla Admits Model 3 Braking Issue, Promises Fix
Tesla Inc’s Chief Executive Officer Elon Musk admitted on...
Prices have been jacked up by car dealers and some makers by 6-22% only in the past few weeks.
Authorities are set to ratify new car prices for models...