Wadi El Zaytoon was already a supplier of olives to the Brazilian market. Last January, its first batches of oranges, limes and tangerines arrived in the country, with an additional 100 shipping containers’ worth of fruit expected by June.
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Oranges from Egypt broke into the Brazilian market last May, and imports are going on, giving more options to local consumers.
The organization partnered up with the Confederation of Trade and Business Associations in Brazil (CACB) and the service is being made available in São Paulo and Itajaí since early February. Preferential certificates of origin are a requirement for eligibility for tariff breaks or tariff exemption in trade with countries that sustain free trade agreements with Brazil.
During a video conference on Tuesday (2), Brazil’s and Egypt’s Foreign Ministers discussed the Mercosur-Egypt agreement, ways to encourage more cooperation between the public and private sectors in both countries, and other issues.
Imports to the Arab country also slid last year, by 12%, the Ministry of Trade and Industry reported.
An online conference saw Brazilians and Egyptians discuss the numbers resulting from the Mercosur-Egypt agreement. The Arab Brazilian Chamber of Commerce’s president and secretary-general were featured.
Industry organization Abimde partnered up with the Arab Chamber for a webinar on Thursday (16) to discuss Brazil’s participation in an industry show next December in Cairo. The meeting was joined by Brazilian and Egyptian officials, as well as representatives from other industry groups.
The Arab country was awaiting publication of a ruling in Brazil’s Official Gazette so it could begin to sell citrus to the Brazilian market. The Arab Chamber will help promote sales.
Egypt’s Commercial Office in São Paulo launched a permanent exhibit of Egyptian-made items by 33 different companies at its headquarters on Paulista Avenue.
The Egyptian pound strengthened against the US dollar on Thursday (24), trading at 16.10 against the greenback, up 9.85% year-to-date, which was boosted by higher foreign exchange inflows.
The Arab country now produces 630,000 per day, but the goal is to reach 690,000 barrels by the end of 2019. New discoveries will help.
This will be the third Netflix Arab original show. Called ‘Paranormal’, the series is based on the books by Egyptian author Ahmed Khaled Towfik and will be set in the 1960s.
During a seminar at the Arab Chamber, authorities said Brazil can benefit from Egypt’s free trade agreements with other parts of the world via indirect exports.
Dance and theater performance ‘Urrou’ brings the oxen of the human history, including Apis of the Ancient Egypt religion and Bumba Meu Boi celebrated in Brazil. The play may be seen until May 24 in São José dos Campos.
