Brazil Property News: Brazil discusses trade with Algeria




24th June 2008 04:47


Brazil has been discussing a trade agreement between itself and Algeria, it has been reported.

The Latin American nation's foreign minister, Celso Amorim, has been holding two days worth of talks with the North African country to negotiate such a deal, according to ANBA.

People considering buying property in Brazil could be interested to hear the minister told the news agency a "concession of fixed tariff preferences" or a "free-trade agreement" between the two could nations follow.

The website added Mr Amorim signed a further six cooperation deals with Algeria during his stay, including three in the agriculture sector, two in healthcare and one for small companies.

It was reported by the agency that Morocco are keen to promote a strong trade and investment bond between itself and Brazil during talks to place this week.

The country's foreign trade minister, Ivan Ramalho, told the website Royal Air Maroc is looking to establish a direct flight route to the nation which could boost tourism in the Latin American country and in turn Brazilian property.


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