Browsing: Business Opportunities

Producers and vendors of eyewear have created a seal of origin and safety to fight against forgery and invest in the quality of domestic produce. Another initiative to increase foreign trade is the creation of an eyeglass frame export consortium in 2005. Brand De Lauretis from the southeaster state of São Paulo has developed frames for glasses out of solid gold to be presented on the Arab market.

Angela Martins, director of ABC Brazil Bank, wrote a book on Islamic banking practices, geared by the Koran, and which take into account ethics and social responsibility. There is no interest, but profits are welcome. As these practices are growing, Angela believes Brazilians interested in doing business with Arabs should learn more about the system, which could result in business and investments.

The multi-sector event to take place in the Syrian capital will include a stand promoted by the Arab Brazilian Chamber of Commerce and by the Brazilian Foreign Office. Part of the stand will be occupied by Santo André city hall, which has reserved space for companies in varied areas, including technological incubators, auto parts makers, and plastic industries.

It is expected that the International Footwear, Fashion Accessories, Machines and Components Tradeshow (Francal) should be visited by around 2,000 importers from over 100 countries. Buyers should also come from Arab countries like Saudi Arabia, the United Arab Emirates, Lebanon, and Kuwait. Last year, 2.5 million pairs of shoes produced in Brazil were exported to the region, of which 1.2 million went to the Emirates. The event should receive over 48,000 Brazilian visitors and include 850 exhibit

The event, to take place in the Syrian capital in September, may serve as a door of entry for Brazilian companies interested in the Arab market. Brazil will have a stand organized by the Arab Brazilian Chamber of Commerce and by the Brazilian Foreign Office. Apart from supplying the domestic demand, the fair usually receives visitors from various countries in the Middle East.