The deal will be signed Friday (15) during a visit to Brasília by the Arab country’s foreign minister Abdullah Bin Zayed Al-Nahyan.
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Brazilian company participated in the first edition of Saudi International Airshow, held this week in Riyadh, Saudi Arabia.
Importing companies from the UAE, Saudi Arabia and Qatar are attending trade show Anufood in São Paulo as guests. In an overview of the trip, executives stressed the large number of contacts they made, and the good pricing of Brazilian goods.
The Arab country and its academic interchange program will be topics of magna lecture that will launch the academic year in ESDHC and EMGE, law and engineering schools, respectively, in Belo Horizonte, Brazil this Friday (15).
The Consulate General of Lebanon in Rio de Janeiro will launch the project ‘Rio-Beirute: Caminhos Para Duas Cidades’ next April, to foster agreements in several fields.
The first two months of the year saw 281,600 60-kg bags shipped from Brazil to the region, with revenues climbing 8% to USD 33.7 million.
Brazilian industry activity decreased by 0.8% over December and 2.6% compared to January 2018, according to IBGE.
Five importers from the region are at the Anufood food and beverage show. They had meetings with Brazilian suppliers at the Arab Brazilian Chamber stand.
The 2019 harvest will be up 1% from last year’s according to the Brazilian Institute of Geography and Statistics (IBGE).
The first two months of the year saw 690,700 pairs of shoes shipped, up 167% from a year ago. Revenues came out to USD 4.57 million, up 117%.
USD 526 million worth of product got shipped from Brazil, up 6.3% from February 2018, with added demand from Asian countries, notably China. Half of Brazil’s top ten destinations are Arab countries.
The prime minister said on Twitter that regulations are in place for issuance of long-term visas, which will be granted to investors, entrepreneurs, scientists and students meeting the requirements.
Over 7 million people joined the celebrations in Rio de Janeiro.
Financial institutions are expecting the Brazilian economy to see 2.28% growth in 2019. The estimate is down than that of last week.
