{"id":203664,"date":"2018-11-01T07:00:01","date_gmt":"2018-11-01T10:00:01","guid":{"rendered":"https:\/\/anba.com.br\/?p=203664"},"modified":"2019-06-30T18:37:59","modified_gmt":"2019-06-30T21:37:59","slug":"forum-to-discuss-brazil-uae-business-relations","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/forum-to-discuss-brazil-uae-business-relations\/","title":{"rendered":"Forum to discuss Brazil-UAE business relations"},"content":{"rendered":"

S\u00e3o Paulo \u2013 A meeting in the capital of S\u00e3o Paulo this Monday (05) will discuss the economic relations between Brazil and the United Arab Emirates and the main barriers faced by multinationals that operate in both countries. The 1st<\/sup> Brazil-United Arab Emirates Business Forum, organized by the National Confederation of Industries (CNI) and the UAE\u2019s embassy in Bras\u00edlia, will be held from 2 pm to 5 pm at the Tivoli Mofarrej Hotel.<\/p>\n

According to information provided by CNI to ANBA, the forum will focus on facilitating the exchange of information on the legal environment of both countries and identifying priority issues and possibilities for the growth of trade and investments, to be forwarded later to both governments.<\/p>\n

Among those invited to the meeting are sector associations, members of the Transnational Corporations Forum (FET) of CNI and managers of the CNI Network, which are the confederation\u2019s Business International Centers. FET is a group of Brazilian companies with productive investments abroad. The Forum is also open to other companies which might be interested. According to CNI, given the demand by the embassy, they decided to hold the first meeting in the area to assess the interest of companies in this type of initiative.<\/p>\n

FET members appointed topics that they believed to be a priority in the Brazil-UAE relations, such as red tape in the classification procedure of a Brazilian company and its products as a supplier for large corporations in the Arab country, the requirement for a local partner for industrial investments in the country and the obligation of hiring local workforce outside of the free trade zones, among others.<\/p>\n

The forum will be opened by CNI\u2019s director of Industrial Development, Carlos Eduardo Abijaodi, and by the UAE\u2019s ambassador in Brazil, Hafsa Abdulla Mohamed Sharif Al Ulama. Soon after, there will be a panel called \u201cEconomic Outlook in Brazil and the United Arab Emirates\u201d, with CNI\u2019s Executive Manager of Economic Policies, Fl\u00e1vio Pinheiro de Castelo Branco, the DP World\u2019s Chief Commercial Officer, F\u00e1bio Siccherino, and Mubadala Development Company\u2019s Ricardo Paes.<\/p>\n

The Forum\u2019s other theme is \u201cImproving the Business Environment for Bilateral Investments\u201d, to be discussed in a panel with CNI\u2019s Manager of International Negotiations, Fabrizio Panzini, and the Secretary of Foreign Trade of the Ministry of Industry, Foreign Trade and Services (MDIC), Abr\u00e3o Miguel \u00c1rabe Neto.<\/p>\n

According to data made available by CNI, Brazil exported USD 2.5 billion worth of goods to the UAE last year and imported USD 200 million worth of goods from the country. From the total of Brazil\u2019s exports to the UAE, around half is of finished products, 34% is of basic goods and 16% is of semi-finished products. The top exported item to the UAE is sugar, followed by meats, inorganic chemicals, iron and steel and mechanical machinery.<\/p>\n

Among the sectors in which Brazilians have investments in the UAE, food products and tobacco come first, followed by consumer goods, aerospace, real estate services and financial services. The largest investor is BRF Brasil Foods. On the other hand, UAE investments in Brazil are concentrated particularly in storage, financial services, transportation, metals, hotels and tourism. The largest investor is DP World.<\/p>\n

Quick info <\/strong><\/p>\n

1st Brazil-United Arab Emirates Business Forum
\nNovember 5 (Monday), from 2 pm to 5 pm
\nTivoli Mofarrej, rua Alameda Santos, 1437 \u2013 S\u00e3o Paulo \u2013 SP
\nFree of charge \u2013 aimed at entrepreneurs
\nRegistrations: 55\u00a061 3317-9517<\/p>\n

Translated by S\u00e9rgio Kakitani <\/strong><\/p>\n

Michael Portillo\/Only World\/Only France\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"

The National Confederation of Industries (CNI) and the UAE\u2019s embassy in Bras\u00edlia will hold a conference next Monday in S\u00e3o Paulo. Economic relations and the main barriers faced by multinational companies operating in both countries will be among the topics.<\/p>\n","protected":false},"author":1455,"featured_media":203621,"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":[107],"tags":[36254,437,5855,5872,5873,228],"class_list":{"0":"post-203664","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-opportunities","8":"tag-cni-en-2","9":"tag-cni","10":"tag-fet","11":"tag-investments-in-the-uae","12":"tag-multinational-companies","13":"tag-uae"},"wps_subtitle":"The National Confederation of Industries (CNI) and the UAE\u2019s embassy in Bras\u00edlia will hold a conference next Monday in S\u00e3o Paulo. Economic relations and the main barriers faced by multinational companies operating in both countries will be among the topics.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/203664","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=203664"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/203664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/203621"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=203664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=203664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=203664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}