In the last five years, Brazilian foreign sales to the Arab market have risen 178%. Items like bikinis, bathing suits, soy chaff, wheat, live cattle and horses were some of the products shipped to the region. However, commodities are still the main products.
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The Argentinean delegation to travel to Brazilian capital Brasília next week will include representatives of seven private and government organizations, apart from local companies. Argentina had revenues of US$ 2.1 billion with sales to the Arabs last year, but according to the secretary general of the Argentine-Arab Chamber of Commerce, Sattam Al Kaddour, the country has conditions to multiply its exports to the region by two or three.
According to Shadia Farrag, the head of the Americas department at the Egyptian Foreign Ministry, Egypt wants further trade and investment with the South Americans.
Currently there are no direct aerial routes between Brazil and the region, and there is only one maritime line. Most goods traded need to be shipped via Europe, which increases prices and reduces competitiveness of Brazilian products. During the summit, a solution for the problem will be discussed.
From the Newsroom* São Paulo – Ten leaders from South America and 11 from Arab countries were committed, up until last Monday (02) to participate at the summit for the two regions, which will take place next week in Brasilia. According to information obtained by ANBA, from South America only Ecuador and Suriname have not
Hotels, restaurants, bars, nightclubs, transport, trade and services in general are the sectors to register the greatest growth. Simultaneous interpretation is one of those ready for profit. The meeting will be translated to Portuguese, Spanish, English, French and Arabic. Around 80 interpreters have been hired.
Employees in about 10 hotels are being trained by specialised consultants. The hotels will substitute alcoholic beverages for teas, place signs indicating the direction of Mecca in the rooms and prepare meals according to Islamic demands.
This information is in the text to be presented at the summit of Arab and South American countries, to which ANBA had exclusive access. The meeting is going to take place in Brazilian capital Brasília, in May. Apart from commercial promotion, the text mentions exchange between universities, professors and the creation of an Arab-South American library with translations of books from both blocs.
The document should be signed during the summit between Arab and South American countries and will be the legal marker to guide negotiations between both blocs for a free trade agreement. This information was supplied by the director of the Commercial Promotion department of the Itamaraty, Mario Vilalva, who participated yesterday in the meeting of the Arab chambers of commerce, in Cairo. Brazilian diplomats are in the region inviting the Arabs to the business meeting to take place in parallel w
In an interview to ANBA in Cairo, the secretary general of the Union of Arab Chambers recalled that from a coffee and sugar exporter, Brazil became a world supplier of many products. According to him, many Arab nations need to go through a similar process, diversifying their economies to become less dependant on oil. For Ghantous, the summit for South American and Arab countries will promote this experiences exchange.
This was one of the themes discussed during the first day of the meeting between Chambers of Commerce based outside the region, like the CCAB. The idea is to involve more and more nations in the affairs of interest to the Arabs. The summit between Arab and South American countries was also discussed.
