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Qatar intends to invest the sum in railways, roads, sanitation and other projects, and wants to attract the participation of Brazilian companies. Lula stated that he is going to visit the Arab country

During a visit by the emir of Qatar, Hamad Bin Khalifa Al-Thani, to Brasília, Qatar Holding signed an agreement with Brazilian companies to seek joint investment opportunities.

So says the Arab Brazilian Chamber’s president, Salim Schahin. He believes in the possibility of developing joint projects. The emir of the Arab country will be in the Brazilian capital on Wednesday.

The governments of the two countries will sign treaties in different fields during the visit that the Qatari emir, Hamad Bin Khalifa Al Thani, will pay to Brasília (Brazilian capital) next Wednesday.

The Arab head of state will meet with president Luiz Inácio Lula da Silva in Brasília on the 20th. He will travel alongside the prime minister, who will meet with representatives of large companies.

In the evaluation of Michel Alaby, a foreign trade consultant and secretary general at the Arab Chamber, the developing country tariff reduction agreement cannot replace WTO negotiations.