Welcome to the ABCC NEWS webpage. Find here information about the ABCC, relevant articles to the promotion of bilateral trade and culture and highlights on business opportunities.

Monday, 30 April 2007

Exotic Brazilian Fruits for export

Brazil is the world's third largest fruit producer, after China and India. Still according to data from the Brazilian Fruit Institute (IBRAF), of the best-performing Brazilian agricultural products in the last four years, fruits ranked fifth in the export ranking, with a 91% increase in sales, after ethanol, sugar, meats, coffee and grains. Presently, the Brazilian fruit production is 41.1 million tons. Highlighted amongst exported fruits are bananas, melons, mangoes, lemons, coconuts, grapes, oranges, pineapples, cashew nuts, and Brazil nuts.
There are at least 220 native fruit species in the Amazon, which account for 44% of the 500 Brazilian plant varieties that yield edible fruits. The good news is that many of these species are now being rediscovered in Brazil, and attracting the world’s attention.
Brazilian producers want to follow the success of ACAI, the native fruit with the highest penetration in the international market. It has a high concentration of fibre, antioxidants, minerals, Potassium, Calcium and Vitamin E.
The path for meeting the international market demand involves investing in new areas for sustainable planting, and encouraging the establishment of agricultural industries. Foreign investors are increasingly common in the Amazon.
For more information click here and here and read more the articles in ANBA website.

CVRD plans to spend $1 Billion to speed expansion of metals production.

Capital spending will amount to $7.35 billion, or 16 percent more than previously forecasted, Rio de Janeiro-based Vale said today in a statement. More than half of the increase, or $575 million, will go to nickel and copper mines in Brazil and on the Pacific island of New Caledonia.
``Demand is strong and we are doing everything we can to meet our clients needs,'' Chief Executive Officer Roger Agnelli told reporters at company headquarters in Rio de Janeiro. ``We plan to accelerate our efforts to expand.''
For more information click here and read the article in Bloomberg website

Brazil has vowed to increase its production of ethanol

At the end of an energy summit of South American nations, Brazil said it could double output in the next 10 years.
"The truth is that bio fuel is a way out for the poor countries of the world," said its President Luiz Inacio Lula da Silva.
For more information click here and read the article in BBC website

Brazil's stability makes the difference when the subject is BRIC countries.

BRIC or BRICs are terms used to refer to the combination of Brazil, Russia, India, and China. General consensus is that the term was first prominently used in a thesis of the Goldman Sachs investment bank. The main point of this 2003 paper was to argue that the economies of the BRICs are rapidly developing and by the year 2050 will eclipse most of the current richest countries of the world.
Although some political and economist annalists are saying there are important differences when we compare these four countries, Brazil has the lowest growth rate, but it already has a per capita income of more than $5,000, which is two to five times the level of its two Asian counterparts.
Brazil has brought its foreign debt repayments up to schedule since 2002. Since then the economy has generated more than 4.5 million new jobs. Trade surpluses top $40 billion per year. Inflation is low. These facts back up Brazilian President’s recent claim that “this is his country’s magic moment”.
In addition Brazil's growth trajectory depends on economic reforms, inflation and fiscal policy, rather than serious political instability or debt default. That's not the case in the other BRICs.
For more information click here and here and read more the articles in Newsweek website.

Embraer receives six more orders from Virgin Blue

Embraer informs that Australia’s Virgin Blue Airlines has confirmed three EMBRAER 170 jet options and taken three more EMBRAER190 purchase rights, thus complementing its former order announced on November 2, 2006, and increasing its firm order backlog to 20 E-Jets.
“Some four months ago, we were honored by Virgin Blue’s first order of 14 E-Jets, as the first scheduled airline in Australia to operate our modern and efficient commercial jets,” stated Frederico Fleury Curado, Embraer Executive Vice-President, Airline Market.
“Today, we expand this relationship and expect it to continue for many years. I am certain that Virgin Blue has chosen the most suitable aircraft for its operations and that it will enjoy strong acceptance from its customers and sound economic results.”
“Virgin Blue chose the E-Jets as the ideal aircraft for its needs, as the company continues to evolve. The aircraft will bring increased capability for matching seat offerings to demand in a developing network," said Brett Godfrey, CEO of Virgin Blue. "This added flexibility initially provides a range of new operating opportunities in Australia and, potentially, for short haul routes to New Zealand and the South Pacific islands.”
Virgin Blue’s EMBRAER 170 jets will have 78 seats in a single-class layout, and the first delivery is scheduled for the second semester of 2007.
The Australian airline’s EMBRAER 190 jets will be configured with 104 seats, also in a single-class cabin, and will be the first of this model to have the ETOPS (Extended range
Twin-engine Operations) rating. They are scheduled to go into service in the first half of 2008. The ETOPS rating allows aircraft to operate direct routes over uninhabited regions, such as oceans and deserts, with total security, and is one more feature of the high-tech Embraer E-Jets.
The first E-Jets delivery occurred in March 2004. As of December 31, 2006, Embraer had logged 619 firm orders and 568 options for the EMBRAER 170/190 family, with 209 jets flying in the colors of 20 airlines in 16 countries worldwide.

Petrobras Buys Ipiranga Group

Brazilian oil giant Petrobras, in the gas, chemical and transport sector, and petrochemical company Braskem signed an agreement to acquire the businesses of Ipiranga group. The value of the operation will be US$ 4 billion. Ipiranga operates in the oil refining, petrochemical and fuel distribution sectors.
For more information click here and read the article in ANBA website

TAM and TAP Announce Partnership

TAM and TAP Portugal, a Star Alliance member, executed in April 27 a memorandum of Agreement establishing a comprehensive alliance that comprises several areas, taking advantage of the synergies arising from their respective networks, products and services in the routes connecting Brazil and Portugal. By next July, the companies will implement a code share, which will translate into a significant increase of flight options for passengers, as well as into the linkage of the companies' mileage programs, TAM's Fidelidade and TAP's Victoria.
For more information click here and read the article in Prnewswire website

Petrobras inks nine ship order

Petrobras may purchase tankers from Brazilian shipyards to export ethanol as the company moves to quadruple foreign sales of the biofuel.
The ships would expand a plan to build 42 vessels for Rio de Janeiro-based Petrobras's fleet of tankers as increased oil, gas and fuels production transforms Brazil from an energy importer into an energy exporter, said Sergio Machado, head of Transpetro, the company's transportation unit.
For more information click here and here and read more the articles in Marinelog and Bloomberg website.

Brazil Produces Cheaper and More Potent Avian Flu Vaccine

Brazil is going to produce a vaccine against avian flu using Brazilian technology that grants greater efficiency, productive capacity and a cost reduction when compared to the technology used by other countries.
For more information click here and read the article in ANBA website

Biofuel's alliance between Brazil and US

The US government have promoted the increased use of biofuels such as ethanol as key to achieving American "energy independence." Together, Brazil and the United States produce more than 70 percent of the world's ethanol. Cooperation in developing and spreading technologies for ethanol production, setting common international standards and opening new markets for alternative fuels could pay big dividends for both economies while reducing greenhouse gas emissions.
Brazil meets 40 percent of its domestic vehicle-fuel needs through ethanol, and it exports less than 20 percent of what it produces. Brazilian ethanol, derived from sugar cane, costs one-third less to make than corn-based American ethanol does and is more environmentally friendly.
For more information click here and read the article in Washington Post website

Carrefour buys Brazilian retailer

The Carrefour Group announces a major acquisition in Brazil, positioning itself as the market leader and creating new opportunities for growth. The Carrefour Group has signed an agreement to acquire the Atacadao Company for a price of 2.2bn Reais (US1.1ml).
Atacadao is a leading operator of discount hypermarkets in Brazil, operating from 34 stores across the country, of which 17 are located in Sao Paulo state. Atacadao’s property portfolio consists of 214,000 m2, of which over 90% is freehold. The company reported net sales in 2006 of 4bn Reais (€1.5bn), representing a 4% market share.
With the transaction, Carrefour Brazil becomes the number one food retailer in terms of sales, further consolidating its strong position in the Sao Paulo market.
This acquisition forms part of Carrefour’s strategy to reinforce its presence in key growth markets through a locally adapted multi format approach. With this investment in discount hypermarkets, Carrefour is able to reach a complementary segment of the existing customer base to hypermarkets, supermarkets (Carrefour Bairro), and hard discount (Dia).
Carrefour’s operations in Brazil consist of 109 hypermarkets, 34 Carrefour Bairro and 258 Dia hard discount stores for total net sales in 2006 of €3.8bn.

Cocktail for the official launch of ABCC in South Australia

The ABCC is proud to open its branch in Adelaide with a cocktail for members and guests.
Details:
Date: 17th May 2007
Time: From 6 to 8 PM.
Venue: CITCSA (Ground Floor, Enterprise House, 136 Greenhill Rd, Unley)
Dress Code: Cocktail

With special guests and speakers:
His Excellency Mr Fernando de Mello Barreto - Ambassador for the Federative Republic of Brazil
Chris Rees - State Manager (Austrade SA)
Barry Salter - Executive Manager (Council for international Trade & Commerce SA Inc.)
Find out about business investment opportunities in Brazil and network with our members and guests.
Call (02) 9909 0987 for further information.

Brazilian musicians in Australia

With the support of Monash University and the Council for Australia Latin America Relations (COALAR), two fabulous Brazilian musicians, Carlos Galvão - director of Brasilia¹s Music School and a double bass player and composer, and his brother Luis Galvão (Lula) - a well-known guitarist and arranger based in Rio, are to visit Melbourne and Sydney in May 2007.

The visit is the second leg of an Australia-Brazil music exchange, the first of which involved two Australian musicians (Doug de Vries, guitarist and Rob Burke, saxophonist and head of jazz studies at Monash) participating in the Curso de Verão at the Escola da Musica in Brasilia.

Below are the details for Carlos and Lula Galvão¹s shows in Sydney and Melbourne, where they will play with Rob Burke and Doug de Vries.

Sydney:
6:00pm on Monday 21 May in the Music Cafe of the Conservatorium on the Domain

Melbourne:
Wednesday 2 May 1.10pm - Lunchtime Concert - Hexagon Theatre, Bld
1S, Gippsland

Thursday 3 May, 1.10pm - Lunchtime Concert Monash Stage Band/Monash World Music Orchestra -Music Auditorium, Bld 68, Clayton

Thursday 3 May, 7.30pm - Twilight Concert Voices at Twilight Music
Auditorium, Bld 68, Clayton

Friday 4 - Sunday 13 May - Melbourne Jazz 2007 Stage Band, World Music,
Small Ensembles Federation Square, Melbourne

Thursday 10 May, 1.10pm - Lunchtime Concert Monash Sinfonia
Music Auditorium, Bld 68, Clayton

Thursday 10 May, 7.30pm - Twilight Concert Piano Music Auditorium, Bld 68,
Clayton

Wednesday 16 May, 1.10pm - Lunchtime Concert Jazz Trio Hexagon Theatre, Bld
1S, Gippsland

Thursday 17 May, 1.10pm - Lunchtime Concert Monash Sinfonia Music Auditorium, Bld 68, Clayton

Thursday 17 May, 7.30pm - Twilight Concert Chamber Music Music Auditorium,
Bld 68, Clayton

Thursday 17 May, 9.00pm - Brazilian Concert Brazilian Concert Bennetts
Lane, Melbourne

Sunday 20 May, 12 noon & 2pm - The Frog Prince An opera for children
Bennetts Lane, Melbourne

Wednesday 30 May, 1.10pm - Lunchtime Concert Solo Violin Hexagon Theatre,
Bld 1S, Gippsland

Brazilan Pop Icon - MARISA MONTE

Infinito Particular Tour
Don’t miss one of Brazil’s hottest music stars for one sensational night only in the Concert Hall at Sydney Opera House.
From Rio de Janeiro, this charismatic, breathtaking vocalist performs in Australia for the very first time to wow audiences with her seductive hits including highlights from her 2006 albums Infinito Particular and Universo Ao Meu Redor.
With a career spanning two decades, Marisa Monte is renowned for her exquisite voice and her definition-defying originality. Her style and repertoire ranges from Brazilian rock to classics of jazz and blues to traditional samba; from Philip Glass to the Titãs, from Lobão to Gershwin.
Songwriter and multi-instrumentalist, her chart-topping success include collaborations with Carlinhos Brown and Arnaldo Antunes as part of Latin-Grammy award winning Brazilian supergroup Tribalistas, as well international artists such as Laurie Anderson and David Byrne (Red Hot & Rio).
The sounds, style and sensuality of Brazil come to Sydney for one night only.
TICKETS $65 - $120
Monday 21 May and Tuesday 22 May, 8pm
SYDNEY OPERA HOUSE Concert Hall
BOOK NOW
Sydney Opera House Box Office
02 9250 7777 or www.sydneyoperahouse.com/marisamonte