News

Arab, Brazilian businessmen to gather for forum

25 de setembro de 2017

Presidents Nael Al Kabariti of the General Union of Arab Chambers and Rubens Hannun of the Arab Brazilian Chamber of Commerce discussed an event in the first half of 2018 to build up trade and economic ties.

São Paulo – The president of the Arab Brazilian Chamber of Commerce, Rubens Hannun, met this Monday (25) in Amman, the capital of Jordan, with the president of the General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries, Nael Al Kabariti, who also presides over the Jordan Chamber of Commerce. They discussed the future of economic and trade relations between Arab countries and Brazil, among other subjects. The Arab Brazilian Chamber is a member of the General Union.

As a way of enhancing said relations, the executives are planning to have an economic forum for Arab countries and Brazil in São Paulo in the first half of 2018. Also at the meeting were Brazilian ambassador in Amman Francisco Carlos Soares Luz, the Arab Brazilian Chamber’s International Relations vice president Osmar Chohfi and special projects advisor to the president Tamer Mansour, and the Jordan Chamber’s treasurer Jamal Fariz.

Speaking to ANBA over the phone, Kabariti said the agenda included encouraging Arab and Brazilian enterprises to partner up to explore markets in Africa. On Wednesday (27) and Thursday (28) in Amman, the General Union will host the Arab-African Economic Forum to promote business opportunities across the continent. The Arab Brazilian Chamber executives will attend the event, which Kabariti said should welcome 500 executives and authorities from roughly 60 different countries.

“Africa is an untouched, fertile market that needs a variety of products, and we must forge partnerships among Arabs and Africans to invest and explore the continent’s market,” said Kabariti. Industries he said hold great promise include logistics, manufacturing, raw materials, agriculture and food in general, and information technologies.

Food security is a major concern in Arab countries. Since the climate in much of the region is arid, local production falls short of the population’s needs, so these countries invest elsewhere in order to meet their demand for food. African nations are favored in those investments, because they are nearer and there’s land available for farming and raising livestock.

“Our duty as an organization is to open the doors, and then deals are brought to fruition,” Kabariti claimed regarding the forum. “It’s a great market,” he said of Africa.

The General Union’s president added that he spoke with the Arab Brazilian Chamber’s executives about increasing cooperation between Arab countries and South America as a whole, and that he told them the Brazilian organization must play a leadership role in this.

“It is an honor for us to welcome a Brazilian delegation, and we are eager to build up our partnership,” Kabariti asserted.


*Translated by Gabriel Pomerancblum