Meat lobby expects a slight drop in exports this year. Production is projected to reach 15.4 million tons.
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The two countries have concluded a sanitary agreement, opening the doors for the import of Brazilian sheep to the Arab nation. According to the government, this represents a business opportunity for the North and Northeast regions of Brazil.
With negotiations led by a Brazilian partner, the country has become the main foreign destination of Ishtar wines.
Alongside the United Arab Emirates, the Gulf country ranked among the ten largest destinations of Brazilian agricultural and livestock products in July.
The biggest market for the product is the United States, but the United Arab Emirates ranks fifth, and its imports have increased slightly year-to-date.
Arab Brazilian Chamber high-level executives handed over a survey to Brazil’s Agriculture and Livestock and Foreign Affairs ministries showing that some of the goods the US has imposed sweeping tariffs on could be sold to Arab countries instead.
Economist Antonio Braga’s “50 shades of export: chronicles from a foreign trade professional” will be published by Labrador featuring texts designed to provoke thought, educate, and entertain.
The company, which has developed a compact radar for drones, is looking to double its revenue through international deals. There are plans to set up a branch in Abu Dhabi, to where more than ten pieces of equipment have been shipped.
The manufacturing company saw BRL 424 million in revenue from exports from Brazil in the first half of the year, with Kuwait as one of its biggest destinations.
Oman’s sovereign fund has acquired a majority stake in the Brazilian-based trading company Agribrasil, which sold over 1 million tons’ worth of grain in the first quarter of this year. The company ships product to the Middle East and North Africa.
President Lula has sanctioned a law whereby taxes paid by micro and small businesses throughout the supply chain will be returned to taxpayers, effective on Friday (1).
Arab-Brazilian Chamber sees a recovery in Brazil’s chicken meat exports to the Arab market. In the first half of the year, the decline was only 0.53%. Kuwait and Bahrain recently lifted their restrictions.
The Arab country had a lower trade surplus in the sector in May due to increased imports and decreased exports. The main purpose of the fish purchased from the foreign market by Tunisia is industrial processing.
At a meeting on Sunday, the committee of Kuwait’s Public Authority for Food and Nutrition (PAFN) recommended lifting the ban on imports of Brazilian chicken meat.
