{"id":260752,"date":"2019-10-26T16:07:15","date_gmt":"2019-10-26T19:07:15","guid":{"rendered":"https:\/\/anba.com.br\/?p=260752"},"modified":"2019-10-26T18:50:52","modified_gmt":"2019-10-26T21:50:52","slug":"purpose-of-gulf-tour-is-business-says-bolsonaro","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/purpose-of-gulf-tour-is-business-says-bolsonaro\/","title":{"rendered":"Purpose of Gulf tour is business, says Bolsonaro"},"content":{"rendered":"

Abu Dhabi \u2013 Brazil\u2019s president Jair Bolsonaro arrived in Abu Dhabi, UAE\u00a0 early this Saturday evening (local time). He was welcomed at the airport by UAE Energy and Industry minister Suhail Al Mazrouei (pictured, on the right<\/em>) and then paid a visit to the Wahat Al Karama<\/em> \u2013 Oasis of Dignity \u2013, a memorial to the martyrs who were killed in action. During a subsequent press conference, he named the main reason for his Gulf tour: business. Bolsonaro is also slated to travel to Qatar and Saudi Arabia.<\/p>\n

\u201cA president is often like a business card, a token of friendship and cooperation. There\u2019s business available (for the Arabs) in Brazil and there\u2019s business for us here too, so this is our intention,\u201d said Bolsonaro. On Tuesday morning (27), the president will attend the opening of a business seminar for executives from Brazil- and UAE-based enterprises.<\/p>\n

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The president brought flowers to the memorial<\/figcaption><\/figure>\n

The event will be attended by businesses and associations from industries including technology, agribusiness, food products, capital goods, oil, energy, mining, defense, financial services, leather and footwear, healthcare, chemicals, aerospace, construction, cosmetics, advertising, vehicles, logistics, metals and electric materials.<\/p>\n

Major Brazilian corporations will be present, including BRF \u2013 which owns brands Sadia and Perdig\u00e3o \u2013, Embraer, Helibras, Petrobras, Marcopolo, Marfrig, Minerva, JBS, Seara, O Botic\u00e1rio, Tramontina, Vale, and Weg. The seminar is organized by the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) and the Abu Dhabi Chamber of Commerce and Industry, with support from the Arab Brazilian Chamber of Commerce<\/a>.<\/p>\n

\u201cThere\u2019s a lot of diversity in this trip and we had a great welcome. It\u2019s a sign that Brazil is regaining its trust, and obviously this is a good thing for our people,\u201d said Bolsonaro.<\/p>\n

The president pointed out that although Brazil exports mostly commodities to the region, especially poultry, beef and sugar, he expects economic relations to branch out into different fields.<\/p>\n

\u201cWhat we expect is the question of investments, infrastructure. They will probably join the pre-salt bidding round [November 6], and then there\u2019s also the question of research and development. There\u2019s a lot that we\u2019re going to show them during this trip, and the intention is to open the doors to good endeavors,\u201d he said.<\/p>\n

Qatar Petroleum<\/a> \u2013 from Qatar, which Bolsonaro is set to visit soon \u2013 won bids in four oil and gas exploration and production auctions in Brazil, the latest of which took place on October 10, in consortiums with other industry players.<\/p>\n

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Bolsonaro and his entourage at Wahat Al Karama<\/figcaption><\/figure>\n

Regarding the UAE, Brazil recently entered into an agreement to prevent double taxation of investments<\/a> and a Cooperation and Facilitation Investment Agreement (CFIA<\/a>). As a result, the administration is expecting to attract funds from the Arab country into industries such as infrastructure. The seminar will include presentations on several Investment Partnership Program (IPP) projects.<\/p>\n

He stressed that Brazil needs foreign investment. \u201cThe [pre-salt oil] auction in itself, we do not have the ability to invest, that is why we do this kind of deal. What we intend with these measures, as [Economy minister] Paulo Guedes has so aptly put it, and as the minister of Mines and Energy [Bento Albuquerque] put it, is to drive down the prices of these products in Brazil, which are very high,\u201d he said.<\/p>\n

According to the president, there are no guarantees that the investment will come, but he said \u201cSince we are being treated so well [here in the UAE], it is clear that these deals will soon become reality.\u201d He also said that agreements and other negotiations take time to be completed.<\/p>\n

Defense<\/strong><\/p>\n

Many of the delegates traveling alongside the president are in the defense industry, and agreements regarding the sector might be signed with the UAE. Bolsonaro declined to comment, but said such deals are mentioned in every country he visits. \u201cEvery country is ready to negotiate when it comes to this. Wherever I go, the defense issue is on the table. The first one to deal with it is [Defense] minister Fernando [Azevedo e Silva], and of course I will give my input in the end,\u201d he said.<\/p>\n

\u201cWe\u2019re becoming closer and closer with capitalist countries, economically speaking,\u201d the president concluded.<\/p>\n

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This glass installation represents the seven emirates<\/figcaption><\/figure>\n

At the Wahat Al Karama, Bolsonaro was joined by Brazil\u2019s ministers Ernesto Ara\u00fajo, of Foreign Affairs, Marcos Pontes, of Science and Technology, Osmar Terra, of Citizenship; by Chief of Staff Onyx Lorenzoni, Brazil\u2019s ambassador to Abu Dhabi, Fernando Igreja, UAE ambassador to Bras\u00edlia, Hafsa Al Ulama, and other authorities. He was welcomed by Martyrs\u2019 Families\u2019 Affairs Office director Khalifa Bin Tahnoun Al Nahyan.<\/p>\n

Bolsonaro brought flowers to the martyrs\u2019 memorial. He then visited an art installation representing the seven United Arab Emirates, surrounded by plaques bearing martyrs\u2019 names, and signed the visitors\u2019 book.<\/p>\n

After the seminar on Sunday, the president will meet with Abu Dhabi\u00a0crown prince Mohammed Bin Zayed Al Nahyan\u00a0and UAE ministers. He\u2019ll also have meetings with Dubai vice president, prime minister and ruler Mohammed Bin Rashid Al Maktoum. Bolsonaro is also expected to watch a Jiu-Jitsu demonstration and visit the Sheikh Zayed Grand Mosque.<\/p>\n

Translated by Gabriel Pomerancblum<\/strong><\/p>\n

Clauber Cleber Caetano\/PR<\/div>\n
Press Release<\/div>\n
Press Release<\/div>\n
Alexandre Rocha\/ANBA<\/div>\n","protected":false},"excerpt":{"rendered":"

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