Tag Archives | Brazil

Brazil eyes Business Opportunities in Iraq

By John Lee. The Brazilian Ambassador to Iraq has said that there are promising opportunities to enhance relations and economic development between the two countries. Pointing out that Brazil imports 80 percent of its fertilizer needs, Luis Evaldo Santos (pictured) told Al-Sabaah that Iraq can supply this commodity to Brazil, especially with its large stocks […]

Iraq has World's 3rd Lowest Oil Production Costs

By John Lee. Iraq's Ministry of Oil quotes a report by Rystad Energy as saying that Iraq has the world's third-lowest-cost crude oil. Kuwait came in lowest at $8.50 per barrel, with Saudi Arabia at $9.90, followed by Iraq at $10.70. Fourth place went to UAE at $12.30, and Iran took fifth place with $12.60. […]

Iraq Imports more Raw Sugar

By John Lee. Iraq is increasingly importing raw sugar instead of white, as a new sugar refinery has ramped up production faster than expected, according to Reuters. Ir is estimated that the Babylon refinery south of Baghdad, which serves the domestic market, had imported around 375,000 tonnes of Brazilian raw sugar in the past six […]

FM al-Jaafari on Trade Mission to Brazil

By John Lee. Foreign Minister Dr. Ibrahim al-Jaafari met Minister of State for Development, Industry and Foreign Trade of Brazil Armando Monteiro in his office in the Brazilian capital as part of a series of meetings during an official visit to promote relations in a number of areas. During the meeting the Minister pointed out […]

Iraq Wants to Attract more Brazilian Companies

Iraq wants to expand the presence of Brazilian companies in its market. That was the theme of the visit made by Adel Alkurdi, ambassador of the Arab country in Brasilia, to the Arab Brazilian Chamber of Commerce in São Paulo this Thursday (19th). The diplomat was welcomed by the president of the Arab Chamber, Marcelo […]


Iraq may Resume Imports of Brazilian Beef

By John Lee. ANBA reports that a delegation of Iraqi government officials will visit Brazil from June 2nd to 12th to assess the sanitary conditions of Brazilian livestock and consider lifting the embargo on beef imports in place since 2012. They will see the beef shipping system at the Santos Port, pay visits to a […]

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Iraq Rejects all Rice Offers

By John Lee. Reuters reports that Iraq's grain board has rejected all offers in an international tender to buy at least 30,000 tonnes of rice on Friday. The tender closed on Sunday and offers had to remain valid until Thursday. According to traders, the lowest offer was $725 a tonne c&f free out (ciffo) for […]

Brazilian Delegation Visits Iraq

By John Lee. A Brazilian delegation headed by Undersecretary of the Brazilian Foreign Ministry Mr. Paulo Cordeiro de Andrade Pinto visited Iraq from 15th to 18th December. The delegation met with both the Foreign Minister, Mr. Hoshyar Zebari, and the Trade Minister, Mr. Khairallah Babiker. The delegation held meetings for the period from 16 - […]


Iraq Ready to Supply Brazil with Crude

AKnews reports that Iraq is ready to supply crude oil to Brazil following the increase in oil production in recent months. Deputy Prime Minister for Energy, Hussein al-Shahristani, met with the a Brazilian delegation to discuss ways to improve political and economic relations between the two countries, especially in the energy sector. The Brazillian side […]

Brazil to Re-Open Baghdad Embassy

Brazil is to re-open its embassy in Baghdad this month 21 years after it was closed, Agencia Brasil, the Brazilian official news agency, reported on Tuesday. The country closed its embassy in Iraq in 1991 following the Iraq-Kuwait conflict, which put the diplomats in that country under risks. Even though for a long time there […]

Iraq Wants Petrobras to Invest in Refining

Iraq wants Brazilian state-run energy company Petrobras to help the country increase its refining capacity, Iraq's vice prime minister for energy policy, Hussain Al-Shahristani, told Brazilian business daily Valor Economico. "Companies from China, South Korea and Europe are interested, but we would also like to have Petrobras involved because of its importance." Dow Jones reports […]