On the first day of the business meeting, businessmen from both regions sought information about the markets and economies of the countries participating in the summit. Inquiries about the foreign investment legislation were frequent on both sides. The search for partners was in the air, and on all tongues. Around 1,250 businessmen went to the Ulysses Guimarães Convention Centre yesterday. The stand of the Arab Brazilian Chamber of Commerce (CCAB) was visited by at least 50 people.
Browsing: Business Opportunities
Isaura Daniel, special envoy* Brasilia – The board of the Bank of Brazil approved today the opening of an office in Dubai, in the United Arab Emirates. The information was given by the director of the trade department at the Brazilian foreign office, the Itamaraty, Mario Vilalva. "This is the first step for opening a
Cláudia Abreu and Isaura Daniel* São Paulo – The Arab group Al Ghalia, from Bahrain, plans on forming a partnership with the Brazilian plastic surgeon Ivo Pitanguy, one of the most highly esteemed in the world. The first contact was made two weeks ago. According to the doctor, an executive in the company came across
Brazilian businessmen believe that in order to increase exports to the Arab countries it is important to end with the intermediaries in the negotiations.
Established by a Syrian immigrant in 1918, Chacur produces hangers, chords and braids for curtains and tassels for sofas. Apart from castles and hotels in Europe, the products made on manual looms are also used in houses in Brazil and the United States.
Representatives of three tourism operators, a hotel from the state of Amazonas, from the CCAB, from the Brazilian Tourism Institute and the Brazilian Airport Infrastructure Company will promote the tourism potential in Brazil at the Arabian Travel Market, which starts on Tuesday in the United Arab Emirates.
Soon after the summit between Arab and South American heads of state, the CCAB is going to promote, on May 12 and 13, in São Paulo, business meetings between Arabs and Brazilians. A total of 93 importers and exporters from Algeria, Egypt, Jordan, Lebanon, Palestine, Syria, Sudan and Tunisia had been registered up to Friday.
The strategy helped the company become the leader in the sector in Brazil, and helped conquer clients on the foreign market. Fujiwara exports to 25 countries, among them some Arab. Currently, the industry is participating in a tender for the sale of 40,000 pairs of shoes to Saudi Arabia.
This information was supplied by the director of the commercial promotion department of the Brazilian Foreign Office (Itamaraty), Mario Vilalva, who was in Cairo to promote the meetings. Around 15 businessmen from Egypt, representing sectors like commodities, cement and electric equipment are going. The Brazil-Egypt Business Council wants trade between both countries to reach US$ 1 billion up to 2010.
Montevérgine exports alcohol free cherry bonbons and cashew nut and peanut nougats to both countries in North Africa. The sales began around one year ago. The company exports between 15% and 20% of production to around 15 countries.
Castor sells dresses and skirt and blouse sets to luxury stores in Saudi Arabia, the United Arab Emirates, Lebanon, Kuwait and Qatar. The company produces around 3,500 products a month and exports half of its production of feminine clothes. The products are made out of cotton and acrylic threads and are ornamented with embroidery and stamping.
