{"id":301369,"date":"2021-10-29T11:00:09","date_gmt":"2021-10-29T14:00:09","guid":{"rendered":"https:\/\/anba.com.br\/?p=301369"},"modified":"2021-11-01T15:36:12","modified_gmt":"2021-11-01T18:36:12","slug":"sao-paulo-government-signs-mous-in-dubai-abu-dhabi","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/sao-paulo-government-signs-mous-in-dubai-abu-dhabi\/","title":{"rendered":"S\u00e3o Paulo government signs MoUs in Dubai, Abu Dhabi"},"content":{"rendered":"

Dubai \u2013 S\u00e3o Paulo government announced on Thursday (28) during a business mission to the United Arab Emirates the signing of three new memorandums of understanding between Invest S\u00e3o Paulo and the Arab country\u2019s Dubai Commodities Centre (DMCC), World Logistic Passport (WLP) and financial center Abu Dhabi Global Market to attract investments and bolster exports from the Brazilian state. The agreement with DMCC was signed in Brazil pavilion at Expo; the MoU with WLP was penned in DP World pavilion at the exhibition; and the latter took place in the emirate of Abu Dhabi. All signings featured governor Jo\u00e3o Doria (pictured<\/em>).<\/p>\n

The MoU with WLP was signed by Mahmood Al Bastaki, COO of Dubai Trade (DT) World and general manager of WLP, and Gustavo Junqueira, president of Invest S\u00e3o Paulo. The document establishes that Invest S\u00e3o Paulo will contribute to removing barriers and identifying opportunities to encourage a faster flow of business opportunities for local traders, thus driving cost and time efficiency. The logistics passport is a benefits program for exporting companies, thus smothing trade and cutting the red tape for the purpose of improving competitiveness and cutting costs.<\/p>\n

\u201cTrade ties between Brazil and the world\u2019s largest economics have always remained strong. We\u2019re pleased with our collaboration with Invest S\u00e3o Paulo and confident that it\u2019ll help us bridge gaps and engage the right interested parties to seek out fruitful long-term partnerships,\u201d Al Bastaki said.<\/p>\n

Besides Invest S\u00e3o Paulo, the logistics passport has agreements with Viracopos International Office, DP World Santos port terminal, Azul airline, and Santos Port Authority, which have joined the Arab initiative for the purpose of increasing trade opportunities between the emerging markets and unlocking access to markets in the Middle East, Asia, and Africa.<\/p>\n

WLP is part of DP World group, which has operations in the state of S\u00e3o Paulo and expressed interest in projects like the concession of S\u00e3o Sebasti\u00e3o Port and the implementation of the Intercity S\u00e3o Paulo-Campinas train, which are to be announced between late 2021 and the third quarter of 2022.<\/p>\n

Other agreements<\/strong><\/p>\n

DMCC is an agency affiliated with the government of Dubai focused on providing physical and financial infrastructure to imports of commodities in the East. Deemed as the world\u2019s largest commodity hub, DMCC penned a MoU to facilitate exports from S\u00e3o Paulo of coffee, sugar, orange juice, and other goods.<\/p>\n

Abu Dhabi Global Market is an international financial center and free zone in the capital of the UAE. The agreement provides for activities to promote markets and financial services in Brazil and direct support for S\u00e3o Paulo-based companies.<\/p>\n

Invest S\u00e3o Paulo is S\u00e3o Paulo Investment and Competitiveness Promotion Agency. The mission to Dubai also resulted in 12 private agreements between S\u00e3o Paulo-based companies and Arab representatives, with an estimated BRL 1.1 billion (USD 197 million) in new investments in the state.<\/p>\n

S\u00e3o Paulo Expo Week ends on Sunday (31) in Brazil pavilion at Expo. On Thursday\u2019s (29) night, it hosted concerts by Fabianna Cozza and Wilson Simoninha, as well as an orchestra and dancers from the state, amounting to 150 participations of artists during the S\u00e3o Paulo week in the pavilion. Each week, Brazil pavilion is renewed and hosts activities for different parts of Brazil.<\/p>\n

Translated by Guilherme Miranda<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

To attract investment and bolster exports, governor Jo\u00e3o Doria penned memorandums of understanding with DMCC, World Logistics Passport, and Abu Dhabi Global Market. S\u00e3o Paulo Expo Week ends on Sunday (31) in Brazil pavilion at Expo 2020.<\/p>\n","protected":false},"author":2305,"featured_media":301347,"comment_status":"closed","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":[91,114],"tags":[3087,23843,13659,25021,24967,38154,10826,9621,12920,44167,13008],"class_list":{"0":"post-301369","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"category-news","9":"tag-agreement","10":"tag-dmcc-en","11":"tag-doria-en","12":"tag-doria-dubai-en","13":"tag-doria-in-dubai","14":"tag-dp-world-en-2","15":"tag-dp-world-en","16":"tag-dubai-en","17":"tag-joao-doria-en","18":"tag-mou-en-2","19":"tag-mou-en"},"wps_subtitle":"To attract investment and bolster exports, governor Jo\u00e3o Doria penned memorandums of understanding with DMCC, World Logistics Passport, and Abu Dhabi Global Market. S\u00e3o Paulo Expo Week ends on Sunday (31) in Brazil pavilion at Expo 2020.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/301369","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\/2305"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=301369"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/301369\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/301347"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=301369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=301369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=301369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}