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.



  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Blumenau, Santa Catarina state, Brazil

Brazil Celebrates Slow Progress While the World Zooms Fast Ahead

Throughout the 19th century Brazil evolved more slowly than the countries that, thanks to ...

A French Touch

A roar made the house shake. A blood cascade gushed over the man! The ...

Google Move and IPOs Draw Foreign Money to Brazil and LatAm

Private equity and venture capital interest in Latin America is picking up, with some ...

Brazil Gets Australia’s Backing for UN Security Council Seat

The Australian Foreign Affairs Minister, Alexander Downer, declared that he is in favor of ...

Election Dysfunction

Only four months before the presidential elections in Brazil, mega investor George Soros told ...

Brazil Autoracing: Speed Is in The Blood

Decades of success in Formula One, and now, Formula Indy, supported by winning personalities, ...

Drug and Corruption Scandal Brings Down Rio’s Top Cop

Rio’s top cop, the state’s head of civil police quit, becoming the latest victim ...


Suddenly it was clear to me why we fall in love. A clumsy encounter ...

Unchanged 9.6% Jobless Rate in Brazil Is Good News for Market

Latin American stocks climbed, with Brazilian shares posting some of the region’s biggest gains, ...