Furlan forecast for 2006 exports: US$132 billion

02/01/2006 - 20h39

Bruno Bocchini
Reporter Agência Brasil

São Paulo – Minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, has announced his forecast for Brazilian exports in 2006: US$132 billion, which will be an 11% increase over 2005 (US$118.3 billion).

Commenting on the fact that his forecast is the highest among various forecasts by market analysts, Furlan said "It may be seen as optimistic. But it is based on studies by people who work with me and looked at all the economic segments. We are convinced it is perfectly possible."

Furlan said it will be essential for the government to continue its export incentive programs.

Furlan added that following the success of Brazil Year in France in 2005, this year the focus will be on Germany where the World Soccer Cup will be held.

Translation: Allen Bennett