São Paulo – The Kuwaiti prime minister, Nasser Mohamed Al-Sabah, said today (21st) that he sees great possibilities for investment in Brazil. The information was supplied by the president of the Arab Brazilian Chamber of Commerce, Salim Taufic Schahin, who met with the Kuwaiti head of state in the city of São Paulo. Sabah is leading a delegation of government officials and businessmen from the Arab country on a visit to Brazil, and should meet with president Luiz Inácio Lula da Silva in the national capital, Brasília, tomorrow.
Schahin gave the prime minister an overview of the Brazilian economy and investment needs. “I told him, for instance, of opportunities in agribusiness and of the country’s high productivity,” he said. “We placed the Arab Brazilian Chamber at his disposal to help with investment-related issues,” he added.
According to the president of the Arab Brazilian Chamber, who was accompanied by the organization’s Foreign Relations vice president, professor Helmi Nasr, the prime minister claimed that Brazil is a great country, and that it will become a world power. He displayed knowledge of the Brazilian industry and also spoke on the Amazon.
Schahin underscored the importance of the community of Arab origin in Brazil and of president Lula’s efforts to promote relations with the Arab world. He stated that in October, the Brazilian minister of Development, Industry and Foreign Trade, Miguel Jorge, is going to head a business mission to the Gulf countries, among them Kuwait.
Sabah expressed satisfaction with the mission and, according to Nasr, he claimed that “Kuwait is very pleased to consolidate its relations with Brazil.” The professor presented him with a copy of the Koran translated into Portuguese and a copy of the book “New World in the Tropics,” by Gilberto Freyre, translated into Arabic. Both translations are his own. Schahin also talked about the Arab Brazilian Chamber’s project for establishing the House of Arab Culture, in São Paulo.
*Translated by Gabriel Pomerancblum

