São Paulo – Starting today (9th), approximately 200 trading and exporting companies from Brazil will be in Dubai, in the United Arab Emirates, to attend business meetings with buyers from the Middle East. The event, which is organized by the Brazilian Export and Investment Promotion Agency (Apex), will continue until next Tuesday (11th) at the Intercontinental Hotel.
The exporting companies represent small and medium Brazilian enterprises in the food and beverage, construction, furniture and decoration, and auto parts industries. The buyers and distributors invited are from the Emirates, Saudi Arabia, Kuwait, Oman, Qatar, Lebanon, Bahrain and Jordan. The meetings are part of the schedule of the Apex’s Trading Companies from Brazil project (Projeto Tradings do Brasil).
In addition to the business roundtables, the Arabs are going to watch presentations on the potential of Brazilian economy. "By means of this and other actions of the Trading Companies from Brazil project, we seek to provide exporting opportunities to small and medium enterprises that offer good products, but still have little international market experience. We are also diversifying the Brazilian export basket," said Mauricio Borges, Business director of the Apex, according to a release issued by the agency.
According to data supplied by the Apex, from 2001 to 2009 the flow of trade between Brazil and the Gulf Cooperation Council (GCC) countries leaped from US$ 2.4 billion to US$ 6.3 billion. Last year, Brazilian exports to the economic bloc totalled US$ 4.6 billion. On the other hand, imports totalled US$ 1.7 billion.
*Translated by Gabriel Pomerancblum
