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ANBA Bulletin, May 4, 2023 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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This Thursday (4) in your ANBA Bulletin: Arab nations supply foodstuffs to Brazil. The Latin American country imports 7% of what it consumes in food and beverages. Arab countries take part as suppliers of products like sardines, olives, oranges and other items. A delegation from the Egyptian Customs Authority is in Brazil for a series of appointments aimed at fast-tracking the Arab country’s integration to the ABCC’s Ellos Blockchain system, which makes the foreign trade process electronic. And the Middle Eastern and North African economies are headed for a smaller growth this year than in 2022. High inflation and the conflict in Sudan are some of the factors. |
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The World Bank warned Tuesday the Palestinian economy faces a “bleak” outlook as Israel continues its blockade of the Gaza Strip and has increased restrictions on the occupied West Bank.
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Middle Eastern and North African economies are headed for a slowdown this year, the International Monetary Fund said Wednesday, warning impoverished countries including conflict-hit Sudan will continue to suffer high inflation.
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A delegation of executives from the Egyptian Customs Authority is in Brazil for a series of meetings with Brazilian logistics officials. The first visits of the group took place on Tuesday (2) in institutions in the city of Santos, home to the largest port complex in Latin America. The schedule of the delegation is organized by the Arab Brazilian Chamber of Commerce (ABCC).
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Brazilian exports in April saw a 0.3% decline in revenue, to USD 27.37 billion, from the same month in 2022, the country’s Ministry of Development, Industry, Commerce and Services said Monday (1).
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The Arab countries are some of the food suppliers to Brazil. Last year, the Brazilian market imported USD 12.8 million worth in food and beverage goods, of which USD 117.7 million came from the Arab world, according to a survey by the Market Intelligence department of the Arab Brazilian Chamber of Commerce (ABCC).
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