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

Brazil Doubles Spending on Tourism. Most of Money Goes into Hotels

The sum of federal funds allotted to tourism by Brazil nearly doubled in the ...

It Took 32 Years for Japan to Taste Brazil’s Mango

After 32 years of negotiations, the first shipment of Brazilian mangoes is on its ...

Brazil’s Agribusiness Exports Grow 13% to Almost US$ 6 Billion in August

Brazil's agribusiness export revenues in the month of August reached US$ 5.8 billion. The ...

Sorry, That’s War

Katia Lund, co-director of City of God, sounds out: "Damn, I am talking about ...

Ending Hunger Is Not Charity, But Investment, Says FAO’s New Chief, from Brazil

Brazil’s José Graziano da Silva, the newly elected chief of the United Nations food ...

Probe Reporter Talks About ‘Glaring Evidence’ of Scam in Brazil’s Ruling Workers Party

The reporter of the Joint Parliamentary Investigation Commission (CPMI) on Vote-Buying, Deputy Ibrahim Abi-Ackel ...

At Least 7 Vying for House Speaker in Brazil. Election on Sep 28.

Preparations are underway for the election of a new president of the Chamber of ...

US Pilots Are Illegally Detained in Brazil, Their Lawyer Says

It’s been now more than a month that a Boeing 737 collided with a ...

One Year Is Gone. Will Obama Still Deliver on Latin America and Brazil?

Barack Obama assumed the presidency twelve months ago amidst “strained hemispheric relations.” Productive cooperation ...

UN Hints Brazil May Grow a Mere 0.5% in 2009

São Paulo, Brazil's stock exchange, the Bovespa,  suffered a heavy fall this Monday, December ...