Brazilian companies showcasing at the Halal do Brasil project booth during the Food Africa fair are betting on reaching diverse consumers. The Egypt-Mercosur agreement could enhance competitiveness.
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At a forum in Cairo, the head of the Arab-Brazilian Chamber of Commerce Office in Egypt, Micheal Gamal Kaddes, presented the results of the free trade agreement between the Arab country and Mercosur. Egyptian sales increased in revenue, and the range of products diversified.
New ambassador from the Gulf state to Brasília, Talal al-Mansour says that trade between the two countries has the potential to go beyond commodities.
In 2023, the country paid nearly USD 1 billion to institutions like the United Nations and the Organization of American States.
The Ministry of Development, Industry, Commerce, and Services of Brazil has an open public consultation until December 18 to receive the opinions of the Brazilian productive sector and list interests, concerns, and opportunities in trade with the United Arab Emirates.
In a speech, the new Minister of Foreign Affairs of Brazil, Mauro Vieira, highlighted the work needed for the country to regain its leading role in the international community and spoke about the resumption of relations with Latin America, the Caribbean, and Africa.
Countries of the bloc agreed to lower taxes on products from nations outside the bloc.
Bilateral relations in all sectors were maintained, according to authorities who spoke at the opening of the Economic Sustainability Forum in Dubai this Sunday (3). Brazilian vice president Hamilton Mourão was the guest of honor at the event.
Specialists discussed origin regulations, new Mercosur trade agreements, and advancements in the digital origin certificate. The online event celebrated the agreement signed between the Arab Brazilian Chamber and the CACB.
The free trade agreement’s committee is expected to meet in September, and one of its topics may be to accelerate tariff reductions. As a representative for Brazilian companies, CNI will propose the discussion and revise origin regulations for vehicles and auto parts.
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.
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.
An online event will delve into the free trade agreement between the Arab country and the economic bloc, which provides for the gradual easing of tariffs and is into its fourth year. Registration is available. Arab Brazilian Chamber of Commerce secretary-general Tamer Mansour will participate.