Brazilian president's visit may lead to $200 million investment in Gdansk

Brazilian president Fernando Henrique Cardoso yesterday ended a visit to Pol and, during which a number of major deals were agreed in principle. A consor tium made up of CVRD and Comexport signed a letter of intent with the Huta S endzimira and Huta Katowice steel works which, if the deal is finalized, wil l see the Brazilian companies invest $200 million in developing the infrastr ucture in the port of Gdansk. This will allow Brazilian ships to enter the p ort, bringing ore to be used by the two steel works in producing rail track that will be exported back to Brazil. Another deal that is close to being co ncluded concerns the sale to Brazil of Polish aircraft used for fighting fir es. One of the highlights of the Brazilian president's visit was his partici pation in a Polish-Brazilian economic forum, designed to improve business co ntacts between the two countries. (Zycie, p. 9) A.K.