Brazilian Ministers to Receive Saudi Executives Visiting Brazil

The executives of three major Saudi companies, who are travelling throughout Brazil, will be hosted Wednesday, February 1st, by the Brazilian ministers of Foreign Relations, Celso Amorim, and of Mines and Energy, Silas Rondeau, in Brazilian capital Brasilia.

They are in Brazil representing the companies Ma’aden, in the mining sector, and Sabic, petrochemical, as well as Sagia, investments agency of the Arab country. The group will also meet with representatives of the Bank of Brazil.

They arrived in the country on Sunday and had a series of activities in Rio de Janeiro on the last two days. Today, the businessmen met with Brazil’s oil company Petrobras directors.

According to the under chief at the trade promotion operations division at the Itamaraty, the Brazilian Foreign Office, Rodrigo Azeredo Santos, who is following the group, Petrobras presented their projects, especially in the petrochemical area, to the Saudis.

"They saw that this is a growing sector in Brazil and that Petrobras is interested in partnerships with foreigners," he stated.

The group also met the president of the Brazilian Development Bank (BNDES), Guido Mantega. The main theme of the conversation, according to Azeredo, was the role of the bank and the financing opportunities it offers to foreigners wanting to invest in Brazil.

The president of Ma’aden, Abdallah Dabbagh, also met with executives of Brazilian mining company Vale do Rio Doce. Ma’aden is interested in taking investments from Vale to Saudi Arabia.

Anba

Tags:

You May Also Like

US Helps Break Up Brazilian Prescription-Drug Internet Gang

With the help of the American Drug Enforcement Administration (DEA) the Brazilian Federal Police ...

Economists Expecting Brazil’s GDP to Grow 7.55% This Year

Brazil’s Central Bank survey of the Brazilian market (the Focus report) found financial consultant’s ...

How Brazil Wooed Me

I pictured myself living in São Paulo and I was comfortable  with that. However, ...

Here Comes the Brazilian Certified Organic Happy Chicken

Company Korin Agropecuária is the first company from the southeastern Brazilian state of São ...

Easy Irrigation Will Teach Brazilians How to Save Water

Brazil’s Minister of National Integration, Pedro Brito, has announced the launch of a program ...

To Bear Arms? Now, It’s Illegal in Brazil.

Whether issued by the Federal Police or state police, all licenses to bear firearms ...

Escola Graduada in São Paulo, Brazil

I’m American, But Brazil Is Still the Place I Call Home

The summer of 1970 was not an easy one for me. I would be ...

Obama Tells Brazil’s Lula He Wants to See Now a Gesture of Cuba

Barack Obama, the American president, in a call to Brazilian president Luiz Inácio Lula ...

Brazil’s Lula: “From Head to Toe’ Committed to Poverty and Education

Speaking at a meeting on educational policy, president Luiz Inácio Lula da Silva declared ...

Drug Security: Brazil Gets Its Own US Pharmacopeia Branch

The standards-setting authority for all prescription and over-the-counter medicines made or sold in the ...