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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.



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