{"id":216519,"date":"2019-06-26T07:00:57","date_gmt":"2019-06-26T10:00:57","guid":{"rendered":"https:\/\/anba.com.br\/?p=216519"},"modified":"2019-06-30T18:35:12","modified_gmt":"2019-06-30T21:35:12","slug":"arab-chamber-convenes-with-egypt-minister","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/arab-chamber-convenes-with-egypt-minister\/","title":{"rendered":"Arab Chamber convenes with Egypt minister"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 <a href=\"http:\/\/www.ccab.org.br\/en\/home\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Arab Brazilian Chamber of Commerce<\/strong><\/a> president Rubens Hannun and CEO Tamer Mansour met last Saturday (22) in Cairo, Egypt with Investment and International Cooperation minister Sahar Nasr (<em>pictured<\/em>).<\/p>\n<p>\u201cIt was a relevant meeting because Saturday is their day of rest, and it was the minister who called the meeting. I spoke first, thanking her for taking the time, and I recalled the meeting we\u2019d had two years prior. On that occasion, she told us she was changing Egypt\u2019s Investment Law to streamline and speed up processes. The Arab Brazilian Chamber translated the law and has been publicizing it since. I told her how we have done that during seminars in Brazil. I also discussed [Egypt\u2019s agreement with the] Mercosur and the progress in Brazil-Egypt relations during these two-plus years,\u201d Hannun told ANBA.<\/p>\n<p>Besides the Arab Chamber executives, Brazilian executives currently in Cairo for the Brazil-Egypt Economic Forum also sat in the meeting. Hannun thanked the Egyptians for the numerous delegates who joined the Brazil-Arab Countries Economic Forum, in 2018, and invited the minister to attend the next edition in Brazil, slated for 2020. \u201cI also handed her a letter inviting her to travel to Brazil in the second half of this year, for a specific event involving Egypt. She seemed to like the idea, and she is looking into it,\u201d said Hannun.<\/p>\n<p>Brazil\u2019s ambassador to Egypt, Ruy Pacheco de Azevedo Amaral, also spoke during the meeting, which featured presentations on investment opportunities in Egypt, including one by Tamer Mansour. \u201cWe spoke in terms of starting to build win-win partnerships that begin in Brazil and culminate in Egypt, and the other way around. There was also a presentation about investing in the Suez Canal Economic Zone, which is very famous and could be presented to Brazilians and become a hub for Brazilian products, especially in food security,\u201d said Mansour.<\/p>\n<p>Executives from 22 Brazilian companies were at the meeting. Egyptian authorities in attendance included Suez Canal Authority chairman Mohab Mamish and General Authority for Investment &amp; Free Zones (GAFI) executive vice president and Brazil-Egypt Business Council cochair Emad El Sewedy..<\/p>\n<p><strong>Award<\/strong><\/p>\n<p>On the 22, the Arab Brazilian Chamber was honored in Cairo during a World Company Award (WOCA) dinner, a Global Council of Sales Marketing (GCSM) award. Arab Brazilian Chamber president Rubens Hannun received the award during the event, which was part of the Brazil-Egypt Economic Forum activities. \u201cIt was for our achievements on Brazil-Egypt relations. It was very meaningful. The award was in my name, but it\u2019s actually for all the Chamber and its staff,\u201d the president said.<\/p>\n<figure id=\"attachment_216509\" aria-describedby=\"caption-attachment-216509\" style=\"width: 300px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/anba.com.br\/wp-content\/uploads\/2019\/06\/IMG_5963.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-216509 size-medium\" src=\"https:\/\/anba.com.br\/wp-content\/uploads\/2019\/06\/IMG_5963-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/anba.com.br\/wp-content\/uploads\/2019\/06\/IMG_5963-300x225.jpg 300w, https:\/\/anba.com.br\/wp-content\/uploads\/2019\/06\/IMG_5963.jpg 640w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-216509\" class=\"wp-caption-text\">Hannun (2nd, R to L) is honored in Cairo over World Company Award dinner<\/figcaption><\/figure>\n<p>WOCA also awarded other representatives from Brazilian and foreign organizations, including Eletrobr\u00e1s president Wilson Ferreira Junior, Brazil\u2019s ambassador to Egypt Ruy Pacheco de Azevedo Amaral, former Solidarity Fund of the State of S\u00e3o Paulo president Lu Alckmin, and Egypt\u2019s minister of Investment and International Cooperation Sahar Nasr.<\/p>\n<p>Mansour noted the encounter took place in a moment when the Mercosur-Egypt free trade agreement completes two years since it came into force and that bilateral deals sky-rocketed since then. Egypt\u2019s exports to Brazil, for example, climbed 100% in volume and 80% in revenue year-to-date through May from a year ago, as per information from the Arab Brazilian Chamber.<\/p>\n<p>The trip yielded good results for the Arab Brazilian Chamber. \u201cIt was landmark. First because it was a delegation of high-level businessmen. The Brazilian entrepreneurs were very interested in understanding Egypt and felt a deep respect for the stage where the country\u2019s economy finds itself and are keen to continue this relation. For the Chamber, it was very nice because we will follow on this relation and encourage it even more. Not to mention the interviews we gave to the Egyptian television and newspapers, which show the role of the Chamber and how it works. It was very beneficial,\u201d said Hannun.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum &amp; Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-216512\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Chamber\u2019s president Rubens Hannun met with the minister of Investment and International Cooperation. He was also honored at an event held by Brazilian entrepreneurs in Cairo.<\/p>\n","protected":false},"author":2324,"featured_media":216512,"comment_status":"open","ping_status":"closed","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":[421,1887,1766,268,27116,554,9270],"class_list":{"0":"post-216519","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-opportunities","8":"tag-egypt","9":"tag-annnual-investment-meeting","10":"tag-cairo","11":"tag-camara-arabe","12":"tag-investimento-en","13":"tag-investment","14":"tag-minister"},"wps_subtitle":"The Chamber\u2019s president Rubens Hannun met with the minister of Investment and International Cooperation. He was also honored at an event held by Brazilian entrepreneurs in Cairo. 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