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.
Panel on halal in the Brazil-Arab Countries Economic Forum discussed the opportunities that Muslim tourists can explore in the Brazilian market in case there are investments for the adaptation of the facilities.
Tourism officials from Morocco, Jordan and Egypt discussed the increase in tourist numbers from Brazil to their countries in a panel on Branding and Tourism.
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.
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.
