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ANBA Bulletin, July 9, 2020 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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This Thursday (9) in your ANBA Bulletin: Brazilian cosmetic companies are trying to sell their hand sanitizers in the foreign market. Exports of the product had been banned by the Brazilian government since late March but were cleared on June 22. The United Arab Emirates donated personal protection equipment to Brazil, and an Etihad plane arrived in Brasília bringing the items earlier this week. The initiative is a result of a bilateral cooperation. Attorneys and representatives of banks from Brazil and the United Arab Emirates discussed export security and financial operations in webinar hosted by the Arab Brazilian Chamber of Commerce on Wednesday (8). And the vitamin-C-rich Persian lime is in high demand due to the pandemic. The product is Brazil’s most exported citrus fruit, accounting for 98% of the shipments.
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Brazilian cosmetic manufacturers found in the production of hand sanitizers a way to mitigate the negative impacts of the COVID-19 crisis on their businesses and now start to try breaking into foreign markets with their product. Hand sanitizer exports had been banned in Brazil since late March by a determination of the federal government but were cleared around two weeks ago.
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Since the coronavirus pandemic started, the demand for vitamin C rich foods has increased. These potential health allies include a little sour fruit grown in Brazil – the Persian lime. “We noticed an uptrend in citrus fruit consumption. I believe that, when people researched information, they sought out ways to improve their health, and this impacted the citrus fruit consumption as a result,” said Aline Andrade, director at Andrade Sun Farms
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The United Arab Emirates donated personal protection equipment for use by Brazilian healthcare professionals on the front line against the novel coronavirus. The donation results from a bilateral cooperation between the countries and was made through UAE Foreign Aid under the Ministry of Foreign Affairs and International Cooperation.
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Banking instruments currently in existence make it safe to receive and make export- and import-related payments, said Gustavo Pieratti (pictured above), head of International Relations with bank BS2, during a webinar hosted by the Arab Brazilian Chamber of Commerce (ABCC) this Wednesday morning (8). The webinar was viewed by approximately 800 people in Brazil and the world over. BS2 is a digital financial institution active in banking, investment, payment methods, foreign exchange and credit.
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Due diligence – a set of analyses designed to assess the risks in a deal – must be employed in deals of any size, Brazilian and Arab specialists argued this Wednesday (8) during the webinar “Safety in Exports: Due Diligence and Banking Safety,” hosted by the Arab Brazilian Chamber of Commerce (ABCC).
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Lebanon’s government will subsidize imports of an expanded food basket, it said this week. The state-run National News Agency (NNA) reported this Tuesday (7) that prime minister Hassan Diab met on Monday (6) with his cabinet and the Central Bank governor Riad Salameh to discuss the plans.
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The Dubai Airport Freezone Authority (DAFZA) is interested in encouraging and diversifying Arab-Brazilian trade, in a bid to help make the United Arab Emirates into Brazil’s premier business and investment partner.
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The gross fixed capital formation from the Institute for Applied Economic Research (Ipea) was up 28.2% in May from April 2020, the Rio de Janeiro-based institute reported this Tuesday (7). According to Ipea, the result shows an improvement in investment compared with the two preceding months, which had seen numbers go down as a result of the crisis triggered by the Covid-19 pandemic.
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Footwear exports from Brazil climbed in June from May, but slumped year-over year. Month-on-month, this was the first hike since last January, as per Brazilian Footwear Industry Association (Abicalçados) numbers.
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Saudi Arabia is accepting registration from non-national residents to do the Hajj, the Muslim religious pilgrimage to Mecca, the holy city of Islam. Saudi physicians and security workers who have recovered from Covid-19 will be selected to join, in recognition to the work of those professionals amid the pandemic.
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