Tag: Fernando Pimentel

• Thursday, June 14th 2012 - 11:19 UTC

  Indian delegation after investments and technology cooperation with Brazil

  

  India has invited companies from Brazil to invest in the country’s national infrastructure, manufacturing in Special Economic Zones and the food processing sector.

• Wednesday, May 23rd 2012 - 06:59 UTC

  Brazilian Real falls to a new three-year low, “positive” for exporters says minister

  

  The Brazilian Real fell to a new three-year low after briefly erasing its decline as the central bank sold currency swap contracts for the second time in three trading sessions, holding two auctions on Tuesday.

• Tuesday, April 10th 2012 - 16:30 UTC

  Brazil targets a dollar floor of 1.80 Reais and questions private banks attitude

  

  Having a floor of 1.80 Real to the US dollar is no great thing, but it is a target to sustain said Brazil Development, Industry and Foreign Trade minister Fernando Pimentel referring to the latest announcements to promote Brazilian industry battered by a strong currency and massive inflow of ‘cheap’ imports.

• Monday, April 9th 2012 - 05:21 UTC

  Automakers research and innovation must move to Brazil, ‘we have the market’ says Pimentel

  

  Brazil has no plans to offer further incentives for automakers, but the government does not rule out taking steps to boost the competitiveness of other industries, Trade and Industry Minister Fernando Pimentel said in an interview published on Sunday.

• Saturday, March 24th 2012 - 02:52 UTC

  Argentina is facing serious trade problems and Brazil “must help in a mature way”

  

  Argentina is having serious trade problems and Brazil “in a mature way” must try and help solve them said a top official from President Dilma Rousseff administration, who anticipated he would be travelling to Buenos Aires in coming weeks.

• Tuesday, March 20th 2012 - 01:24 UTC

  Rousseff administration will promote “buy Brazilian” policy to defend industry

  

  “As of this year Brazil will follow the US example giving a 25% margin of preference to local goods in government procurement”, said Fernando Pimentel, Minister for Development, Industry and Foreign Trade.

• Tuesday, February 28th 2012 - 01:58 UTC

  Mercosur/Gulf states closer to trade agreement but leaving petrochemicals for later

  

  Brazil is eager to finalize a free trade agreement between the GCC (Gulf Cooperation Council) and the Mercosur bloc but believes the petrochemicals sector will be exempted until further study after the signing, said Brazilian Trade and Industry Minister Fernando Pimentel.

• Tuesday, February 14th 2012 - 20:43 UTC

  Brazil willing to wait to see how latest Argentine trade restrictions evolve

  

  Brazil’s private sector said it would grant Argentina a “confidence vote” and would wait until the end of February before assessing the consequence of the new import restrictions imposed by the government of President Cristina Fernandez.

• Wednesday, February 1st 2012 - 16:08 UTC

  Argentina new imports’ restrictions come into effect; claims from Mercosur

  

  Argentina’s controversial new import restrictions came into effect on Wednesday as part of the legislation on the trading sector which gives the government bureaucracy more powers to control and restrict imports.

• Monday, January 30th 2012 - 21:11 UTC

  For Brazil Argentina is a “good problem”, no longer a “permanent problem”

  

  Argentina is “a good problem” for Brazil, said President Dilma Rousseff’s Foreign policy advisor Marco Aurelio Garcia ahead of another trade dispute when Argentina begins applying a new imports’ scheme that has been equally criticized by local and Brazilian manufacturers.