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.
Browsing: exports
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.
The Secretary of International Relations of Brazil’s Ceará sate, Roseane Medeiros, visited the Arab-Brazilian Chamber and discussed joint actions to grow her state’s economic relations with Arab countries.
Exports in the first half of this year already represent 73.6% of the total revenue generated by the sector from exports last year.
With Jordan removing restrictions on the entry of Brazilian chicken into its market on Tuesday (15), there are now eight Arab countries with no restrictions on imports. The bans had been imposed due to an avian flu outbreak.
The Export Manager of the Saudi Arabian perfume company took part in B2B meetings in São Paulo and spoke with potential partners to introduce its brand to the Brazilian market.
The Riyadh-based food industry machinery manufacturer wants to supply the Brazilian market and sees potential clients within the country’s Arab community.
The company Saadeddin took part in B2B meetings in São Paulo with the aim of selling its chocolates and sweets in the Brazilian market.
Saudi Exports held business meetings between Saudi and Brazilian companies at an event in São Paulo on Tuesday (15). The Arab-Brazilian Chamber participated.
Higher demand in India has caused international fertilizer prices to increase. The product is exported from Arab countries to Brazil.
Year to date, the North African country’s trade balance shows a negative deficit equivalent to USD 3.4 billion. Exports recorded a slight decline.
