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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (218)4/14/2011 3:37:14 AM
From: elmatador  Respond to of 2514
 
Deals Brazil hopes to clinch on China visit
Fri Apr 8, 2011 2:04pm GMT Print | Single Page[-] Text [+] April 8 (Reuters) - Brazil's President Dilma Rousseff will travel to China next week for a 5-day visit during which she will push for a series of trade and investment deals. The trip includes an April 12 meeting with Chinese President Hu-Jintao and an April 14 summit of the BRIC group of nations that also include Russia, India and new member South Africa.

For an analysis on trip click [ID:nN07149192].

Below are some of the possible trade and investment deals that could come out of the trip.

* Industry officials say they expect China to lift import restrictions on Brazilian pork. Brazil is one of the world's largest producers of pork meat and China is its largest consumer.

"We hope the president's visit opens export markets, among others for pork meat," said Pedro de Camargo Neto, head of the Brazilian Pork Meat Association, Abipecs.

* Chinese officials have told their Brazilian counterparts that Beijing could give the green light for Brazilian Embraer's (ERJ.N: Quote) joint-venture in China to assemble corporate jets. The joint-venture assembly plant risks closure after plans to build its larger Embraer 190 commercial aircraft were deemed too costly.

Separately Chinese regional airlines are expected to sign purchase orders for the Embraer 190 jet. [ID:nN07113690]

* China's Chongqing Grain Group (CGG) plans to invest 4 billion reais ($2.4 billion) in an agricultural complex in Brazil's northeast. [ID:nN21298117] The deal is expected to be signed during Rousseff's visit.

* Chinese companies are also looking to invest in a planned $21 billion high-speed railway linking Rio de Janeiro and Sao Paulo. They could formalize their interest during the trip.

* Oil companies are looking to invest in Brazil's vast offshore oil reserves. China's Sinopec Group (0386.HK: Quote) said in October it planned to buy 40 percent of Repsol's (REP.MC: Quote) deepwater oil assets in Brazil for $7.1 billion. More loans or capital investment in oil and gas could be forthcoming. (Compiled by Raymond Colitt; Editing by Anthony Boadle)



To: Julius Wong who wrote (218)4/16/2011 3:52:33 AM
From: elmatador  Respond to of 2514
 
Unrest in M. East and North Africa is positive for Brazil.

As governments try to keep seven free food.
Message 27311746

Every 10 percent increase in global food prices equates to a 100 percent increase in anti-government protests, according to a recent report from the International Monetary Fund. Looking at recent increases in foodstuff commodities -- up a total of 45 percent since the arrival of QE2 last year -- it’s no wonder there are revolutions, civil wars and riots breaking out across the globe. According to the IMF, a 45 percent increase in foodstuffs should quadruple the levels of unrest, and that seems to be precisely what’s happening.

Recent chaos caused by food inflation and hunger is being heartwarmingly marketed by propagandists as democratization. Remember the French Revolution and “let them eat cake.” The causa proxima was food inflation.

minyanville.com

Brazil is cashing in on those developments:

Message 27312683

Message 27312684



To: Julius Wong who wrote (218)4/18/2011 12:14:12 PM
From: elmatador  Read Replies (1) | Respond to of 2514
 
Holding down the value of the real to protect manufacturing won't make Brazil more prosperous.

What is worrying for Brazil is that the genuine cure for inflation – structural reform to improve productivity, government service delivery and to simplify and reduce the overall tax and pension burden – look no nearer now than when President Dilma Rousseff took over office in January.

blogs.ft.com



To: Julius Wong who wrote (218)4/18/2011 12:15:41 PM
From: elmatador  Respond to of 2514
 
With Sinopec Petrobras signed a technological cooperation agreement to share information in the areas of geophysics, geology and engineering of oil tanks and with Sinochem it signed a memorandum of understanding to identify deals in the areas of production and exploration sale of oil and renewal of mature oil fields, the company said in a statement.

Brazil’s Petrobras signs agreements with Chinese groups Sinopec and Sinochem

Beijing, China, 18 April –

The chairman of Petrobras, Sérgio Gabrielli de Azevedo, and the Brazilian oil company’s director for Exploration and Production, Guilherme Estrella, Friday in Beijing signed two agreements with Chinese groups Sinopec (China Petrochemical Corporation) and Sinochem (Sinochem Corporation), as pat of an official visit to China by Brazilian President Dilma Rousseff.

With Sinopec Petrobras signed a technological cooperation agreement to share information in the areas of geophysics, geology and engineering of oil tanks and with Sinochem it signed a memorandum of understanding to identify deals in the areas of production and exploration sale of oil and renewal of mature oil fields, the company said in a statement.

Petrobras and Sinopec said that they were available to find business opportunities in several areas, thus expanding the commercial relationship between the two companies. (macauhub)