metatag Businessmen Excited About Brazí­l's Arab Summit - brazzil

Businessmen Excited About Brazí­l’s Arab Summit

Commercial opportunities seem to be one of the main attractions for delegations arriving in BrasÀ­lia, capital of Brazil, for the Summit of South American-Arab Countries.

Peru’s Vice-Chancellor, Armando Lecaros, arrived at the Brasí­lia international airport praising the initiative to include an entrepreneurial forum in this first summit of the two regional blocs.


“Our expectations are the best possible. Brazil had an excellent idea,” analyzes Lecaros.


Arab participants also value the commercial aspect of the Summit. Approximately 200 entrepreneurs of that region are expected at the Summit.


This Sunday, May 8, 10 business people from Tunisia arrived, and among them, an entrepreneur of the oil business, Slama Ali.


“It is my second visit to Brazil, first time in Brasí­lia,” says Ali. “I came here to expand business and evaluate the possibility of opening new markets.”


Trading exchange between Brazil and Arab nations amounts to US$ 3.33 billion (8.2 billion reais) per year.


Oil is one of the main products bought by Brazil. Tunisia and Morocco export chemical products to South America. From Brazil, they buy sugar, wheat, and coffee.


ABr

Tags:

You May Also Like

Worst in 6 years: 27% of Brazil’s Companies Plan to Cut Jobs

The projections made by the Brazilian industry for new job offerings in Brazil, in ...

Sugarcane is cut many times by slave labor

Brazil Accused of Getting Biofuel with Slave Labor

Producing fuels from sugarcane, castor bean, and soybeans – the so-called biofuels – is ...

Brazilian Bus Maker Marcopolo Gets a US$ 30 Million Facelift

Marcopolo, the Brazilian bus and bus body maker, wants to invest 50 million reais ...