Taking stock of 2022, the year when the Arab Brazilian Chamber of Commerce turned 70, its president Osmar Chohfi highlighted the record-breaking trade between Brazil and the Arab market, the launch of a halal project, the Economic Forum Brazil & Arab Countries, and the expansion of electronic customs clearance system Easy Trade.
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The growing population in urban areas has been one of the drivers of the change in Arab consumption, said an economist during event on the region’s market and halal certification.
Sales of Brazilian products to Arab countries climbed in the first eight months of the year. Revenue from goods such as poultry, sugar, soybeans and maize were up.
At an event held by Sebrae in Rio de Janeiro, the secretary-general and CEO of the Arab Brazilian Chamber, Tamer Mansour, spoke about essential steps in the internationalization of companies.
Brazilian exports to the Arab nations decreased and revenue from July 2021 to June this year dropped. The cycle was of lower production, but the Arab bloc also diminished its share.
In the opening of the Economic Forum Brazil & Arab Countries, speaking on behalf of the League of Arab States, Hossam Zaki invited Brazilians to look at investment opportunities in the Arab countries.
Arab delegation in Brazil was welcomed by the president of the Federation of Industries of the States of São Paulo and discussed the need for Brazil-Arab relations to go beyond trade.
The first panel of the Economic Forum Brazil & Arab Countries brought out the complexities and opportunities of the current global landscape.
The potential for a more strategic relationship is significant, emphasized Khaled Hanafy, secretary-general of the Union of Arab Chambers at the Economic Forum Brazil & Arab Countries. In a panel, executives from the Chambers of Oman, Bahrain, and Jordan spoke on the future of this connection.
Brazil’s president Jair Bolsonaro participated with a recorded speech in the Economic Forum Brazil & Arab countries on Monday (4). He said he expects the visit of authorities from Qatar, Bahrain, Saudi Arabia and the UAE in Brasília and that relations with the Arabs have strengthened in the current global landscape.
The Arab Brazilian Chamber of Commerce’s president opened the Economic Forum Brazil & Arab Countries on Monday (4) talking about the challenges that the current international context brings to international trade. The event celebrates the 70th anniversary of the Arab Brazilian Chamber.
The event that has become the biennial meeting point between Brazilians and Arabs takes place on Monday (4) featuring leaders, experts and businesspeople from both regions. Registration to participate online is open.
The initiative promoted by the Arab Brazilian Chamber of Commerce aims to provide knowledge for entrepreneurs to access the Brazilian market. The mission schedule will start on July 3 and last six days.
According to the IMF, products such as food have been strongly impacted by inflation in the Middle East and North Africa region.
