Year to date through November, Brazil exported 1.8 million tonnes. China stepped up its purchases, while the second biggest importer Egypt stepped them down.
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The ambassador of Egypt to Brazil, Wael Ahmed Kamal Aboulmagd, said during an online event that discussions for a new route by aviation authorities in both countries are on the verge of completion.
Registration is open for the free online event slated for Wednesday (2), 9 am (BRT). The event will be hosted by the Arab Brazilian Chamber of Commerce, and simultaneous translation into English and Portuguese will be available.
The announcement came during meeting of the steering committee for the UNPDF in Cairo on Wednesday (4). Main sectors are economic development, social justice, environmental sustainability, and women empowerment.
The trading company specializes in imports and exports of commodities, marble, granites, ore, gemstones, and others, and works with Arab countries such as Egypt, Morocco, Qatar, UAE, and Saudi Arabia.
The prediction went from 2% last April to 3.5%. However, performance is still under the impact of the pandemic, which has led to job losses in fields including retail and wholesale, manufacturing, tourism, transportation and construction.
Egyptian Exporters Association (Expolink) chairman Khaled El Mikati, who joined the Arab Brazilian Chamber forum, signed a memorandum of understanding with the latter organization.
Brazilian and Arab companies are participating in the exhibition area of the Economic Forum Brazil & Arab Countries. For companies such as Expolink of Egypt, this is their first experience exhibiting at a digital space. “We are very pleased, and we believe we’ll repeat this experience,” the company’s marketing director said.
Helping small businesses recover from the impact of the pandemic is one of the challenges facing these organizations, it was said in the discussion that wrapped up the first day of the Economic Forum Brazil & Arab Countries.
Announcement was made during the Economic Forum Brazil & Arab Countries, which is taking place until Thursday (22). And a cooperation agreement with the Union of African Chambers of Commerce was signed.
In the ABCC forum, the special secretary for Foreign Trade and International Affairs of the Ministry of Economy, Roberto Fendt, talked about the negotiations with Lebanon, Tunisia, and Morocco. According to him, the double taxation treaty with the UAE has just been approved.
More and more foreign travelers are flocking to the Arab country since flights resumed last July.
Sales from Brazil are expected to increase for pharmaceuticals, food and building products, Arab Brazilian Chamber of Commerce Rubens Hannun said during a webinar hosted by university ESPM on Monday (5).
The Egyptian government issued five-year green bonds with $750 million deal linked to the UN Sustainable Development Goals.
