According to Arab Brazilian Chamber of Commerce president Paulo Sérgio Atallah, the Algerians need partnerships in various areas, such as agribusiness and civil construction, as well as investment in industry. Before the opening of the event, the creation of the Brazil-Algeria Business Council will be signed.
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Representatives of the Arab Brazilian Chamber of Commerce (CCAB) participated in the 38th congress of chambers of commerce in the Arab countries. To organization secretary general Michel Alaby, the summit between Arab and South American heads of state scheduled for December, is going to help in negotiations.
The company started selling to the country at the end of last year and should double export revenue to the region this year. The Middle East represents 6% of company export. The factory produces from shorts to tracksuits and sports accessories.
Even before the beginning of Algiers International Fair, to start on June 2, Algerian businessmen are already interested in business. In a seminar at the capital of the Arab country, Arab Brazilian Chamber of Commerce representatives made a proposal to increase trade between both countries.
In all, around US$ 3 million will be destined to the project, which is the result of a Brazilian Export Promotion Agency (Apex), Independent Television Producer Association (ABPI-TV), Culture Ministry, and Support Service to the Small Business (Sebrae) partnership.
The ambassador of the Arab country recently met state governor Geraldo Alckmin and state Economic Development secretary João Carlos Meirelles. Partnerships in the areas of health, food, and civil construction are possible.
The company exports one third of the lollipops, sweets, and chewing gum produced at their factory in the city of Erechim, in the southern state of Rio Grande do Sul. In the Middle East, the main buyer is Palestine, which has shown itself as a faithful client. The region should answer to 15% of company foreign trade this year.
Ten Brazilian companies in sectors such as food, home appliances, agricultural machinery, shoes, auto parts, and plastics will be present at the event. The multi-sector fair will take place between June 2 and 10. Between May 26 and 27, businessmen and employees from Algeria will be participating in the Latin America and Algeria Economic Relations Seminar.
São Paulo state governor Geraldo Alckmin sanctioned the bill on Wednesday (20). The objective of the program is to attract private funds for projects of public interest, being paid back by the state. Guarantees against the state going default are the differential. As ANBA informed in January, the government hopes to receive US$ 2.5 billion in private investment up to 2007. Half of these funds are expected to come from foreign sources, believes state Planning secretary Andrea Calabi.
The company, Brazilian leader in the hairbrush, comb, and broom market, is going to sell its products to the Arab country. Up to now, the only Arab country the factory had sold to was Syria. The target is to diversify export, currently concentrated on the United States. In Brazil, the Condor brand is famous for the toothbrushes it produces.
Brazilian businessmen already use Exporta Fácil, Simple Export a service provided by the Brazilian Postal Service, to sell to the Arabs. In the first four months of the year, 977 orders were delivered to the region by post. With little bureaucracy, the system simplifies small company access to the foreign market.
