Author: Marina Sarruf

The Syrian minister of Expatriates, Buthaina Shaaban, visited São Paulo at the beginning of last week and stated that the trade flow has improved significantly after the visit Brazilian president Luiz Inácio Lula da Silva took to Damascus, but it may grow even further. She believes that the Arab community living in Brazil may provide an impulse in the sale of Syrian products. The trade balance between both countries is currently very negative for Syria.

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Representatives of various companies visited the Arab Brazilian Chamber of Commerce stand to learn more about the Arab market and about the mission of Arab businessmen to visit São Paulo, the most industrial city in Brazil, next week. The Economic Development secretary of the São Paulo state government, João Carlos Meirelles, stated that expectations for greater trade between Brazil and the Arabs are "extraordinary."

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The show is going to bring together 120 service providers in the area of import and export. Around 30,000 admittance badges have already been issued to visitors. The Arab Brazilian Chamber of Commerce (CCAB) will have a stand at the fair to assist businessmen interested in negotiating with the Arab countries. Opening of the event was scheduled for 01:00 pm today, and the Economic Development secretary of the southeastern state of São Paulo, João Carlos Meirelles, should be present.

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The bus body maker from the southern state of Rio Grande do Sul plans to reach revenues of over US$ 334 million up to the end of the year, 50% of this total should come from foreign trade. Of the 15,000 vehicles produced in the country, over 6,000 should be exported up to December. The Arab countries only lose to countries in Latin America as markets for company buses.

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