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Article: Lula administration anticipates US$20bil direct foreign investments on 2005.
- Article from:
- South American Business Information
- Article date:
- June 17, 2004
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Brazil, Jun 15, 2004 (O Estado de Sao Paulo/SABI via COMTEX)
Luis Furlan, Brazilian Minister of Development estimates direct foreign investments in Brazil to reach US$20bil on 2005, while the estimates from the Central Bank point to US$14bil. The effort of the President Lula administration to go abroad to attract investments is being gradually rewarded. Furlan is optimistic with the economic scenario and believes in a further 200 ...