Ajman Chamber News

Ajman Chamber, The Arab-Brazilian Chamber Of Commerce Join Forces To Boost The Cooperation

Date: 01/06/2021


Ajman Chamber, The Arab-Brazilian Chamber Of Commerce Join Forces To Boost The Cooperation

H. E. Abdullah Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry, received a delegation from the Arab-Brazilian Chamber of Commerce, to discuss the investment opportunities available in various fields and to enhance the cooperation in order to increase the intra-trade and to open horizons for partnerships between businessmen and investors of the two parties. The delegation included Rafael Solimeo-Head of International Offices for MENA, and Shaheen Ali Shaheen, Regional Adviser for the GCC Countries, Iraq and Yemen Among the attendees was Nasser Al Dhafri-Executive Director of the Communication and Member Support. During the meeting, Abdullah Al Muwaiji emphasized the depth of the bilateral relations between the two countries, praising the available investment opportunities, especially in light of the diversity of the economic ingredients owned by both the UAE and Brazil. He explained that the Ajman Chamber is keen to strengthen its cooperation with the international economic entities that support the development of investments and increase the volume of economic cooperation. The attendees reviewed the most prominent investment opportunities available and the possibility of benefiting from them, stressing the need to benefit from Expo 2020 and to hold direct meetings between stakeholders to establish mechanisms for future cooperation in all economic fields. It was also pointed out that the trade volume between the UAE and Brazil during 2020 reached more than $ 2.78 billion, as the goods imported from Brazil were meat, gold and aluminum, while the exports from UAE to Brazil were jewelry, iron, plastics and coal. The Ajman Chamber presented an overview of the most important economic components owned by the Emirate of Ajman, notably the distinguished location and the integrated infrastructure that promotes business growth and sustainability, as well as a business environment characterized by hassle-free and quick procedures. Meanwhile, the delegation explained that the Arab Brazilian Chamber works within a clear methodology to increase the volume of mutual investments, in addition to supporting Arab and Brazilian businessmen and creating an attractive climate for the growth and sustainability of their investments, as well as introducing them to the available investment opportunities. It also presented an overview of investment opportunities and the major Brazilian products. The attendees emphasized the importance of holding joint bilateral meetings with the participation of merchants and businessmen to ensure increased economic cooperation in the future. At the end of the meeting, Al Muwaiji presented the Ajman Chamber’s memorial shield to the delegation of the Arab Brazilian Chamber of Commerce.