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Brazil Interested to Invest USD 4.5 Billion in Ukraine
Date:11/19/2012

Brazil cooperation at the moment is the Alcantara Cyclone Space project. The binational platform is financially beneficial for the parties due to its close proximity to the equator (2°17′S 44°23′W). The cost of rocket launch from this location is 20 percent less than average.

In 2011, Ukraine exported to Brazil goods worth USD 472.6 million which is 31 percent more than in 2010, reported the Ukrainian state statistics service. Brazilian export to Ukraine, on the other hand, amounted to USD 543 million in the same year, demonstrating 18 percent growth compared to 2010.


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SOURCE Worldwide News Ukraine
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