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.
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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.
The biennial event that established itself as a gathering place for Arabs and Brazilians will take place on July 4 in São Paulo. This edition will celebrate the 70th anniversary of the Arab Brazilian Chamber of Commerce, and it’ll focus on innovation.
In an article, the head of Middle East Desk of KPMG Brasil, Francisco Clemente, examines the performance of Brazil-Arab trade balance in 2021 and points out some prospects for this relation.
In 2021 the volume shipped to the Arabs and other major blocs was down. Production this year is expected to increase.
Year to date through November, Brazil purchased 100.6% more Arab products compared to 2020. Nevertheless, the balance continued to post a surplus for Brazil.
In an online forum, representatives of the Brazilian state’s public and private sector discussed opportunities for partnerships and business with Arab countries. Arab Brazilian Chamber president and Market Intelligence manager participated.
In total volume, shipments declined 25% compared to August 2020. Cecafé informed the main reason for the downturn is the continuation of logistical bottlenecks in global maritime transport.
The amount was sent to the Middle East and North Africa in the last fiscal year, which ended in June 2021. The goal is supporting these nations in the fight against COVID-19.
OAB Santos will hold Americas, Asia, and Oceania International Conference next week. The sessions include debates on topics related to Arabs.
According to information released by the Arab Brazilian Chamber, Brazilian sales to the Arab countries stepped up in the first quarter. Vaccination has boosted the markets in the region.
