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ANBA Bulletin, July 7, 2022 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Economic Forum Brazil & Arab Countries special
This special edition of the ANBA Bulletin: Full coverage of the Economic Forum Brazil & Arab Countries, which took place on Monday (4) in a hybrid format, with in-person activities in São Paulo.
The fourth edition of the biennial event brought together over 600 people at the Renaissance hotel, including Brazilian and Arab authorities, diplomats, and businesspeople. Topics such as expanding the trade basket, production and export of Arab fertilizers to Brazil, investment opportunities, corporate governance (ESG), halal market, and innovation, among others, were discussed.
“The Forum highlights the legacy built up over seven decades by the Arab Brazilian Chamber and renews the commitment of our countries to building a future of dialogue, cooperation, and prosperity,” said Brazilian vice president of the republic Hamilton Mourão at the event.
Agreements were signed between the Arab Brazilian Chamber of Commerce (ABCC) and other entities, such as ApexBrasil. An Arab artist performed a sand art show about the history of Arab immigration and the ABCC. A dinner marked the celebration of the entity's 70th anniversary.
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The COVID-19 pandemic and the conflict in Eastern Europe are reshaping global trade. So said Arab Brazilian Chamber of Commerce (ABCC) president Osmar Chohfi on Monday (4) in the opening ceremony of the Economic Forum Brazil & Arab Countries held by the ABCC in a hybrid format with an in-person part in São Paulo.
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Brazil’s president Jair Bolsonaro expects to welcome four leaders from Arab countries in Brasília later this year. So said Bolsonaro in a video-recorded participation in the opening ceremony of the Economic Forum Brazil & Arab Countries on Monday (4), when he added that Brazil-Arab relations have strengthened in the current landscape of seeking out solutions for food security and fertilizer supply.
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With great delicateness, Shayma Al Mughairy, the first sand artist from the Arab world, created realistic drawings representing the arrival of the Arabs to the country and the Arab Brazilian Chamber of Commerce’s (ABCC) ties with these nations. The show took place at the 4th Economic Forum Brazil & Arab Countries opening, which is occurring on-site in the capital of São Paulo and online.
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A commitment agreement for promoting business in the halal market from 2022 to 2025 was signed on Monday (4) by the Brazilian Trade and Investment Promotion Agency (ApexBrasil) president Augusto Pestana and Arab Brazilian Chamber of Commerce (ABCC) president Osmar Chohfi during the opening session of the Economic Forum Brazil & Arab Countries in São Paulo.
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The potential of the Arab world and Brazil’s role in South America are still not fully explored regarding relations between Brazilians and Arabs. The reflection was made by Khaled Hanafy, secretary-general of the Union of Arab Chambers (UAC), who spoke at one of the panels of the Economic Forum Brazil & Arab Countries this Monday (4) in the city of São Paulo.
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A world in pandemic, an inflated, stagnant economy, a war in the heart of Europe, and migration flows. What do Brazil and the Arab countries can and should do in this complex landscape? Moderated by Carolina Larriera, cofounder of the Sérgio Vieira de Mello Center, the first panel of the event featured six participants that brought answers to many of these questions.
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The opening of the Economic Forum Brazil & Arab Countries brought up topics such as imports and production of fertilizers, expansion, and diversification of trade between the regions. In a recorded speech, the Brazilian Minister of Agriculture, Livestock and Food Supply, Marcos Montes, defended partnerships between Arab and Brazilian companies to produce fertilizers in the South American country.
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Brazilian Tourist Board (Embratur) president Silvio Nascimento pointed out the diversity of the country as one of its strengths to attract tourists, particularly Arabs. Under the theme “A Land Blessed with a Unique Nature: Brazil Welcomes the Arab Countries,” the executive spoke during the Economic Forum Brazil & Arab Countries.
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After the authorities’ presentations at the 4th Economic Forum Brazil & Arab Countries, the first panel was an invitation to think differently about Business and Innovation, the event’s theme. “Data is not real; facts are!” With this provocation, philosopher and contemporary researcher Anna Flavia Ribeiro began her presentation. She proposed a new standpoint to think about the future and guaranteed: In order to change, it is necessary to strip off beliefs, convictions, and concepts.
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Egypt-based firms Egyptian Financial & Industrial Co. (EFIC) and Suez Company for Fertilizer Production (SCFP) signed a contract for selling their fertilizer products in Brazil via Brazil’s Prime for Import & Export. The signing took place during the Economic Forum Brazil & Arab Countries on Monday (4).
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The ministers of Commerce and Industry of Egypt, Morocco, and Jordan participated in the opening of the Economic Forum Brazil & Arab Countries over the internet and presented opportunities for Brazilians. The Minister of Trade and Industry of Egypt, Nevine Gamea said there are possibilities for investment in the Egyptian market in transportation, spare parts, medicines, engineering and textile industries, and new and renewable energies.
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The League of Arab States plan on launching a new agreement between Arab countries to improve the investment climate, facilitate capital and businesspeople movements across the region, create more job opportunities, and decrease unemployment rates.
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“We must remember that the Arab world goes beyond its borders,” said the secretary-general of the Federation of Egyptian Chambers and moderator of the panel “Economic Integration for Competitiveness and Investment” of the Economic Forum Brazil & Arab Countries.
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The “Connections that change the world” panel in the Economic Forum Brazil & Arab Countries was moderated by Rafael José Deitos, technical director of the Itaipu Technological Park, who defined the theme as a “key point for innovation.” He opened the panel by giving the floor to Sudanese Ahmed Elmurtada from @249Startups to talk about his experience and opportunities for Brazil and Sudan. Ahmed gave an overview of where he lives, the third-largest country in Africa: “We have a lot of mineral resources, livestock, and technology. About 65% of Sudan’s population is under 35, and 6% has bank accounts, meaning there is much room for innovation.”
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“Halal was born ESG; it is only halal if you preserve the environment to produce. It is only halal if effectively [the company] does not have enslaved or child labor. It is only halal if production favors human health; preserving life within the Islamic tradition is imperative. This is our commitment within ESG,” said Ali Hussein El Zoghbi, vice president of the Federation of Muslim Associations of Brazil (Fambras), at the Corporate Governance in International Operations panel.
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The volume of trade between Brazil and Algeria was USD 3 billion in 2021, according to Algeria’s Industry Ministry secretary-general Belabrik Salah Eddine. Besides highlighting the figure, Eddine commented that this is the first time that the Algerian state participates in an economic forum in Brazil. “This is testament to the importance we attach to this type of events, the economy, investments, and bilateral cooperation, particularly because we are the top destination for exports from Brazil in Africa and the third in the Arab world,” he said.
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The Arab Brazilian Chamber of Commerce (ABCC), represented by its secretary-general Tamer Mansour, signed a letter of intent with the Brazilian Animal Protein Association (ABPA), represented by its president Ricardo Santin, and Brazilian Beef Exporters’ Association (ABIEC), represented by Daniela Tonini.
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The 4th Economic Forum Brazil & Arab Countries featured Brazil’s vice president Hamilton Mourão in its closing panel. “The Forum highlights the legacy built over seven decades by the Arab Brazilian Chamber. And it renews our countries’ commitment to build a future of dialogue, cooperation and prosperity,” Mourão said during the event that took place Monday (4) in São Paulo.
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After the Brazil & Arab Countries Economic Forum 2022, an event that brought together Brazilian and Arab authorities and business people this Monday (4), the Arab Brazilian Chamber of Commerce (ABCC) held a dinner to celebrate the 70th anniversary of its foundation at the Renaissance hotel, in Sao Paulo.
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