Delegates from the Suez Canal Economic Zone gave a presentation to Brazilian executives this Wednesday (4) at the Arab Brazilian Chamber of Commerce headquarters.
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Last year saw Brazilian seaports handle 1.08 tons worth of goods.
The headquarters of the Arab Brazilian Chamber of Commerce, in Paulista Avenue, São Paulo, was the place chosen by the organization to hold its meeting.
The project was outlined at the meeting of the General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries at the Arab Brazilian Chamber offices in São Paulo this Tuesday.
Expos including Fashion, Technology, Food and Health are slated to take place in Baghdad this year.
The minutes of establishment of the new organization were signed during a ceremony on Monday evening, after Brazil-Arab Countries Economic Forum.
In a seminar at the Arab Chamber, Jordanians showed to be interested in receiving Brazilian investments in the technology sector.
Over 1 million tons were shipped in the period, a decline of 5.6% over the same period of last year.
The forecast points to a USD 50 billion trade surplus in 2018.
The event, organized by the Arab Chamber in São Paulo, had over 700 people in the audience, plus lectures by ministers and by president Michel Temer.
The production of biofuel contributes to reduce unemployment, according to the president of Datagro. He was a speaker in a panel that also discussed Arab initiatives of green energy.
The BNDES’ Paulo Rabello de Castro said USD 15 billion worth of investment in the bank is expected in the next five years, and one third of it could come from Arab countries.
Brazilian president said, during the forum organized by the Arab Chamber, that the future of the country’s relations with the region will be even more prosperous.
At a lecture during the Brazil-Arab Countries Economic Forum, Henrique Meirelles of Brazil indicated that Gross Domestic Product might expand by more than the government’s official 3% forecast.
