The Foreign Affairs and Cooperation minister met with Brazil’s vice president to discuss the furthering of trade relations. He also addressed multilateral issues and agreements with the Brazilian Foreign Relations minister.

Brazil-based confectionery companies will participate in Sweets & Snacks Middle East, due from November 17th to 19th. Arab countries rank among the enterprises’ target markets.

Brazilian exports to the Arabs soared from US$ 2.6 billion to US$ 14.8 billion in ten years, a near-sixfold increase. ANBA has kept abreast of the progress of business.

In the past ten years, Arab culture ceased to be regarded as merely exotic by many Brazilians. Language courses, film festivals, translations and academic works have proliferated.

Political and economic challenges have influenced business exchanges between Brazil and the Middle East. The Arab Spring and economic diversification of the Gulf countries may yield further benefits.

A higher tax will be levied on the product’s imports from China, South Korea, Thailand and Taiwan for up to four months due to Brazil’s provisional antidumping rights.