The announcement was made during a webinar hosted this Monday (4) by the Zayed Sustainability Prize, featuring Arab Brazilian Chamber secretary-general Tamer Mansour. The deadline was pushed ahead due to the global Covid-19 pandemic.
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The volume is not high enough to justify flying, and cargo was formerly shipping in the cargo compartment in regular flights, which are grounded in quarantine. Marine traffic remains somewhat normal, with some delay.
Even though trade with Brazil remains unaffected by the pandemic, this could change in the second quarter of the year, Brazil’s ambassador to Abu Dhabi Fernando Igreja told ANBA.
The country purchased more product from abroad this month, in spite of the uncertainty surrounding the global economic scenario. Goods whose imports went up include wheat, fertilizers, sanitary items, ethylene polymers and electric generators.
Mohammed bin Saleh Al Sada, who served a stint as Energy and Industry minister, said a robust economy and a USD 20,6 billion stimulus package will enable the country to manage the pandemic shock. He expects demand for gas to go up substantially in years to come.
According to Brazil’s poultry industry association ABPA, halal-certified chicken exports were weaker in the lead-up to the holy month of Islam. Muslim associations federation Fambras also reported a drop in halal protein certificates for several countries.
The pandemic paved the way for cooperation among different rungs in the global supply chain and made it easier for countries to enter into partnerships, according to the speakers in an Arab Brazilian Chamber webinar.
In Brazil and the world over, the month of fasting in the Islamic calendar will be different this year. From April 23 to May 23, prayers and meals will happen indoors. Check out the schedule for Brazil.
Crowdfunding expects to raise USD 15,000 from people and companies for buying masks and other individual protection equipment for hospitals.
Over 70 kits were delivered by the Corumbá Arab-Palestinian Society to vulnerable low-income families struggling with the Covid-19 pandemic.
Currently in the presidency of the G20, the Arab country is calling on nations, organizations and private sector players to help come up with USD 8 billion to help plug a funding gap in tackling coronavirus.
Companies interested in transporting cargo in passenger spaces must request permission. Measure aims to hep supplying markets with essential products for dealing with COVID-19.
The International Monetary Fund predicts 3% contraction of the world economy, with GDP shrinking 5.3% in Brazil and 2.8% in the Middle East. Next year, economies are expected to bounce back, provided that policies prove effective.
The industry is expected to struggle before traveler confidence returns in a post-coronavirus scenario, said former World Bank official Otaviano Canuto.
