That is the assessment made by the secretary-general of the Union of Arab Chambers, Khaled Hanafy, who attended, this week, an economic forum in São Paulo.
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After seeing net withdrawals in January and February, savings accounts swung to a surplus in March, the Brazilian Central Bank said.
For companies to qualify for tariff exemption or reduction in the Mercosur-Egypt trade, they need to issue a special certification. The matter was discussed in a meeting in the Arab Chamber.
January through March saw 180,200 units shipped from Brazil, up 3.3% year-on-year. Production, sales and imports went up as well.
Dollar outflow surpassed inflow in Brazil for the second consecutive month.
The brand Date Crown, from producer Al Foah, officially entered the Brazilian market this Wednesday, launched by businesswoman Julia de Biase.
Delegates from the Suez Canal Economic Zone gave a presentation to Brazilian executives this Wednesday (4) at the Arab Brazilian Chamber of Commerce headquarters.
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.

