Brazil slowly emergent gaint offers enormous potential for developed country, here`s is some fact and figure to think.....its moving toward open market after past 30 years of closed market
?Over 150 million potential consumer.
?Import duties decline from 100% to 35%
?Increasing GDP
?Telecommunications and informatic market is great alone Tele business is $3 billion potential
? Need of engineers for infrastructure development
Brazil have undertaken major environmental and infrastructure projects, with the financial support of multilateral funding institutions such as the Inter-American Development Bank
much more........................
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The Centre has revised upwards its estimate of growth in the gross domestic product (GDP) for 2007-08 to 9 per cent, from the earlier 8.7 per cent. The higher number is being ascribed to a better-than-expected performance of the farm sector. According to 'revised estimates' of national income for 2007-08, released by the Central Statistical Organisation (CSO), agricultural growth at 4.5 per cent turned out to be more than the 2.6 per cent rate in the 'advance estimate' of February 7, 2008. This follows a bumper crop year that saw production of rice, wheat, maize; soya bean, cotton and pulses touch all-time highs.
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