{"id":148403,"date":"2018-04-02T12:49:29","date_gmt":"2018-04-02T14:49:29","guid":{"rendered":"https:\/\/anba.com.br\/?p=148403"},"modified":"2018-04-02T13:42:32","modified_gmt":"2018-04-02T15:42:32","slug":"economic-rebound-means-opportunity-brazilians-arabs","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/economic-rebound-means-opportunity-brazilians-arabs\/","title":{"rendered":"Economic rebound means opportunity for Brazilians and Arabs"},"content":{"rendered":"<figure id=\"attachment_148412\" aria-describedby=\"caption-attachment-148412\" style=\"width: 300px\" class=\"wp-caption alignright\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-148412\" src=\"https:\/\/anba.com.br\/wp-content\/uploads\/2018\/04\/SAT_2038f-300x211.jpg\" alt=\"\" width=\"300\" height=\"211\" srcset=\"https:\/\/anba.com.br\/wp-content\/uploads\/2018\/04\/SAT_2038f-300x211.jpg 300w, https:\/\/anba.com.br\/wp-content\/uploads\/2018\/04\/SAT_2038f-768x540.jpg 768w, https:\/\/anba.com.br\/wp-content\/uploads\/2018\/04\/SAT_2038f-1024x720.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-148412\" class=\"wp-caption-text\">A whole gamut of opportunities is available in Brazil again, said Hannun<\/figcaption><\/figure>\n<p>S\u00e3o Paulo \u2013 An economic rebound is underway in Brazil, and this means an opportunity to enhance the country\u2019s relations with Arab nations. <strong>Arab Brazilian Chamber of Commerce <\/strong>president Rubens Hannun said the outlook is promising for Brazil-Arab ties as he launched the Brazil-Arab Countries Economic Forum this Monday (2) at S\u00e3o Paulo\u2019s Hotel Unique.<\/p>\n<p>\u201cA whole gamut of business opportunities is available again in Brazil,\u201d Hannun said regarding the possibilities that open up for Arabs in Brazil as the economy bounces back. He said it\u2019s crucial that Brazilian businesses do not to let go of the spaces they have secured for themselves in Arab countries.<\/p>\n<p>Nael Kabariti, chairman of the General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries, who also spoke during the Forum\u2019s opening, mentioned a number of projects that could be rolled out in tandem by Brazil and Arab countries and suggested that an Arab-Brazilian bank with a large capital base be established to provide funding for whatever projects may arise on the Arab or the Brazilian side.<\/p>\n<figure id=\"attachment_148420\" aria-describedby=\"caption-attachment-148420\" style=\"width: 300px\" class=\"wp-caption alignright\"><img decoding=\"async\" class=\"size-medium wp-image-148420\" src=\"https:\/\/anba.com.br\/wp-content\/uploads\/2018\/04\/SAT_2066f-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/anba.com.br\/wp-content\/uploads\/2018\/04\/SAT_2066f-300x200.jpg 300w, https:\/\/anba.com.br\/wp-content\/uploads\/2018\/04\/SAT_2066f-768x512.jpg 768w, https:\/\/anba.com.br\/wp-content\/uploads\/2018\/04\/SAT_2066f-1024x683.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-148420\" class=\"wp-caption-text\">Kabariti thinks relations have yet to live up to their full potential<\/figcaption><\/figure>\n<p>Kabariti said that although the outlook is promising, Arab-Brazilian cooperation still falls short of the economic potentialities of either region. He believes there is room for cooperation in tourism, technology, services, the halal industry, etc., and that technologies, communications and e-trade must be explored.<\/p>\n<p>\u201cOn the one hand you have Brazil with its technological capabilities, and on the other you have Arabs and their desire for development,\u201d Kabariti told an audience of over 600 business owners, executives and foreign trade decisionmakers.<\/p>\n<p>Hannun also told attendees about the consumption potential that the Arab market boasts, with a combined population of 400 million. Last year saw USD 20 billion worth of Brazil-Arab trade. The Arab Chamber\u2019s president said Brazil and the Arab countries have complementary economies. \u201cThe strengthening of these economic and commercial ties is sustainable underpinned by complementarity,\u201d he said.<\/p>\n<p>During the Forum\u2019s launch, the audience observed a minute of silence in memory of those killed in Gaza. Besides Brazilian attendees, over 100 audience members have flown in from Arab countries, including Kabariti, Arab ambassadors stationed in Brazil and other leaders.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-148409\">S\u00e9rgio Tomisaki\/ANBA<\/div>\n<div class=\"credits-overlay\" data-target=\".wp-image-148412\">S\u00e9rgio Tomisaki\/ANBA<\/div>\n<div class=\"credits-overlay\" data-target=\".wp-image-148420\">Alexandre Rocha\/ANBA<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In launching the Brazil-Arab Countries Economic Forum this Monday (2) in S\u00e3o Paulo, the Arab Brazilian Chamber of Commerce\u2019s president outlined a promising outlook for Brazil-Arab ties, while the General Union\u2019s chairman suggested creating a bank to fund projects.<\/p>\n","protected":false},"author":1455,"featured_media":148409,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[439,516,232,524,525,526,523,522],"class_list":{"0":"post-148403","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-arab-chamber","9":"tag-arabs","10":"tag-brazil","11":"tag-brazil-arab-countries-economic-forum","12":"tag-general-union-of-chambers-of-commerce","13":"tag-industry-and-agriculture-for-arab-countries","14":"tag-nael-kabariti","15":"tag-rubens-hannun"},"wps_subtitle":"In launching the Brazil-Arab Countries Economic Forum this Monday (2) in S\u00e3o Paulo, the Arab Brazilian Chamber of Commerce\u2019s president outlined a promising outlook for Brazil-Arab ties, while the General Union\u2019s chairman suggested creating a bank to fund projects.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/148403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1455"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=148403"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/148403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/148409"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=148403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=148403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=148403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}