The country has a group of exhibiting companies at the APAS Show retail fair in São Paulo. The goal is for Brazil to become a major trade partner in various sectors, says the ambassador to Brasília, Nabil Lakhal.
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Consulting firm BMJ Consultores Associados partner Welber Barral believes import tax hikes will fast-track bilateral agreements. A 10% rate has been levied on most Arab countries as well as Brazil. Algeria, Tunisia, Libya, Iraq, Syria, and Jordan will bear the biggest impact.
Phytosanitary requirements have been established to allow the Egyptian product to be exported to Brazil, thus authorizing these sales.
Brazilian companies showcasing at the Halal do Brasil project booth during the Food Africa fair are betting on reaching diverse consumers. The Egypt-Mercosur agreement could enhance competitiveness.
At a forum in Cairo, the head of the Arab-Brazilian Chamber of Commerce Office in Egypt, Micheal Gamal Kaddes, presented the results of the free trade agreement between the Arab country and Mercosur. Egyptian sales increased in revenue, and the range of products diversified.
New ambassador from the Gulf state to Brasília, Talal al-Mansour says that trade between the two countries has the potential to go beyond commodities.
In 2023, the country paid nearly USD 1 billion to institutions like the United Nations and the Organization of American States.
The Ministry of Development, Industry, Commerce, and Services of Brazil has an open public consultation until December 18 to receive the opinions of the Brazilian productive sector and list interests, concerns, and opportunities in trade with the United Arab Emirates.
In a speech, the new Minister of Foreign Affairs of Brazil, Mauro Vieira, highlighted the work needed for the country to regain its leading role in the international community and spoke about the resumption of relations with Latin America, the Caribbean, and Africa.
Countries of the bloc agreed to lower taxes on products from nations outside the bloc.
Bilateral relations in all sectors were maintained, according to authorities who spoke at the opening of the Economic Sustainability Forum in Dubai this Sunday (3). Brazilian vice president Hamilton Mourão was the guest of honor at the event.
Specialists discussed origin regulations, new Mercosur trade agreements, and advancements in the digital origin certificate. The online event celebrated the agreement signed between the Arab Brazilian Chamber and the CACB.
The free trade agreement’s committee is expected to meet in September, and one of its topics may be to accelerate tariff reductions. As a representative for Brazilian companies, CNI will propose the discussion and revise origin regulations for vehicles and auto parts.
Oranges from Egypt broke into the Brazilian market last May, and imports are going on, giving more options to local consumers.
