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Business in Africa in Lula´s agenda

Business in Africa in Lula´s agenda

Between the days 3 and 8, president Luiz Inácio Lula da Silva will travel over six African countries with the objective to develop the trade and prospect strategic projects for Brazil.

Lula was already in Cape Verde, Equatorial Guinea and Kenya. This Wednesday, he visits Tanzania, and from there he follows to Zambia and South Africa, last stage of the travel.

On July 3, Lula met with the Cape Verdean president, Pedro Pires, and participated of the first Summit between Brazil and the Economical Community of West African States (ECOWAS).

Created in 1975, ECOWAS is integrated by fifteen countries (Benin, Burkina Faso, Cape Verde, Côte d´Ivoire, Gambia, Ghana, Guinea-Bissau, Guinea-Conakry, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo).

According to the Ministry of Foreign Relations, the relations between Brazil and Cape Verde are in a moment of particular dynamism.

The bilateral trade grew more than four times in five years: it passed of US$ 8.9 millions, in 2003, to over US$ 39 millions, in 2008, being particularly intense the commercial flow with the states of Ceará and Pernambuco.

On the days 4 and 5, the president visited Equatorial Guinea. It was the first visit of a Brazilian Chief of State to that country.

Accompanied by a business delegation, Lula discussed the commercial opportunities that concentrate in the sectors of gas and oil, infrastructure, civil construction, machines and agricultural equipments, material of defense and aircraft.

During the visit, were signed agreements of creation of the Mixed Commission ‘Equatorial Guinea – Brasil’, of cooperation in defense, of visa exemption in diplomatic, official or service passports, and of exercise of remunerated activities by dependents of the diplomatic, consular, military, administrative and technical personnel.

The commerce flow between Brazil and Equatorial Guinea was of around US$ 302 millions in 2009, with US$ 45 million of Brazilian exportations and US$ 257 million of Equatoguinean exportations.

This Tuesday, Lula arrived in Dar Es Salam. It also was the first visit of a Brazilian president to Tanzania.

In 2005, Brazil reopened its embassy in the country. Tanzania inaugurated its diplomatic representation in Brasilia in August of 2007.

Lula visited, as guest of honor, the International Fair of Commerce of Dar Es Salam, which is in its 14th edition.

During the visit, must be signed cooperation agreements between academies of diplomacy and of combat to the deforestation, besides a memorandum about a program, proposed by Petrobras, to mixture ethanol in the gasoline in Tanzania.

Also can be signed executive programs about combat to child labour and cultivation of manioc and tropical fruits.

Since 2003, the current of bilateral commerce multiplied per ten.

Even with the financial crisis, the commercial flow between Brazil and Tanzania in 2009 was record (US$ 31.3 millions), with growth of more than 67 percent in comparison to the previous year.

Up to May of 2010, the exchange was already reaching US$ 24.18 millions, with Brazilian surplus of US$ 23.72 millions.

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