The goal is to attract foreign travelers, improve services, drive local handicraft and retail sales, and create jobs.
Brazilian manufacturing plants are expected to put out a combined 45.9 million tons of sugar during the 2025/2026 season according to National Supply Company projections. The product gets exported to Arab markets.
Islam A. Taha took office this month with a focus on working for Brazil-Egypt bilateral trade in agriculture, processed foods, and chemicals. He was welcomed at the Arab Chamber this Monday (28).
Authorities from the United Arab Emirates are currently in Brazil for appointments ahead of the BRICS Summit as well as meetings with local officials and institutions. They said the country is a key trading and investment partner.
The Libyan Government of National Unity announced selective implementation of a tax on consumption to be levied on imports of items alternatives to which are locally made or whose imports exceed domestic demand. Goods from Brazil will be exempt.
Ministers from the two North Africa countries met with International Monetary Fund technicians in Washington, US to go over cooperation and economic reform implementation.
Consulting firm BMJ Consultores Associados partner Welber Barral believes import tax hikes will fast-track bilateral agreements. A 10% rate has been levied on most Arab countries as well as Brazil. Algeria, Tunisia, Libya, Iraq, Syria, and Jordan will bear the biggest impact.
As of July 2, the Qatari carrier will operate three additional flights between Doha and GRU Airport.
A delegation from the Brazilian aircraft manufacturer visited the North African country to find regional product and service suppliers for its commercial aviation, defense, and urban air mobility businesses.
Members of the youth arm of the Brazilian business group LIDE visited the Arab Chamber to learn more about the Arab countries and their economic potential. They are planning to partner up with counterparts in the region.
Brazilian suppliers of animal protein and fertilizer additives, among other products, have joined the Moroccan International Agricultural Exhibition, at a stand organized by the Brazilian ministries of Agriculture and Livestock, and Foreign Affairs.
The Arab country’s Ministry of Economy and Industry authorized food, chemicals, textiles, and engineering companies to operate in the country in Q1 of this year.
Sales to Middle East and North Africa countries increased in the first quarter of the year despite a slowdown in overall exports from Brazil to the region.
Sales from Egypt to the Brazilian market increased by 99.2% in the first quarter of this year. Shipments from Brazil to the Arab country were also up, especially those of cotton and live cattle.
