The Brazilian company has its biggest animal protein markets in China and Egypt and seeks to expand business with the North African country.
Author: Omar Assi
Russians and Ukrainians were among the leading tourists in Egypt, representing 50% of leisure travel.
The Arab Brazilian Chamber office in Cairo will register Brazilian companies with the General Organization for Export and Import Control of Egypt.
Saudi Arabia has pursued a strategy to get its dates into more international markets and boost exports. Brazil is one of the target markets.
The Arab Brazilian Chamber of Commerce and the Arab Union of Customs Executives discussed signing a memorandum of understanding aimed at removing customs barriers that could hinder Brazil-Arab trade.
The institution issued an initiative to guarantee import operations through covering risks associated with issuing letters of credit.
Beef, poultry, wheat, maize, and medicines are some of the products excluded from the decision of the Central Bank of Egypt to accept only letters of credit on imports.
Executives from the Arab Brazilian Chamber of Commerce and the Egyptian Food Export Council met during Gulfood in Dubai and discussed initiatives to increase food trade between Brazil and Egypt.
Egyptian banks were instructed to only accept letters of credit for import operations from early March. Entrepreneurs from the sector plead for a reversal of the measure.
Participation in international shows is the Egyptian food industry’s path to reach new markets abroad.
The company executive says it will participate in the APAS show to learn about the needs of the Brazilian market for spices, seasonings, and plant-based beverages.
This is the fourth consecutive raise in a year for all types of gasoline. The price of diesel was maintained.
At the event in the UAE, the institution demonstrated its role in strengthening economic ties between Brazil and the Arab countries and fostering trade exchange.
The office in Cairo will contribute to strenghten economic and cultural relations and increase Egypt-Brazil trade.
