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.
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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.
The coordinator of FGV’s Agribusiness Center provided data during the panel on Food Security and Logistics at the Brazil-Arab Countries Economic Forum.
A survey reported by the Arab Chamber shows the potential of the tourism sector to the relations between the two regions.
Speakers in the panel on Innovation and Technology at the Brazil-Arab Countries Economic Forum went over ways to promote bilateral cooperation.
During the Brazil-Arab Countries Economic Forum, the Arab League’s assistant secretary-general for Economic Affairs, Hassan Ali, said that to expand trade relations and investments is ‘a major goal’.
In launching the Brazil-Arab Countries Economic Forum this Monday (2) in São Paulo, the Arab Brazilian Chamber of Commerce’s president outlined a promising outlook for Brazil-Arab ties, while the General Union’s chairman suggested creating a bank to fund projects.
Brazil’s Michel Temer and Henrique Meirelles will speak at the Brazil-Arab Countries Economic Forum next Monday afternoon in São Paulo.
Brazil shipped USD 1.82 billion worth of goods to the Middle East and North Africa in the first two months of this year.
A consortium formed by Qatar Petroleum and Exxon Mobil won exploration rights for two Santos Basin and two Campos Basin oil blocks.
In the first two months, the country imported 12,400 tons of the product. Consumption during Easter could increase up to 30%.
Event at the Arab Chamber next Tuesday (03) will gather Brazilian and Jordanian businesspersons to discuss trade and investments possibilities. Registrations are open.
Aloysio Nunes Ferreira, Brazil’s Foreign Minister, announced the country’s bid for a non-permanent seat during the 2022-2023 period.
