Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

PM Receives Invitation to Attend Arab-Brazilian Economic Forum

Sun 22 May 2022 | 08:30 PM
NaDa Mustafa

Egypt's Prime Minister (PM) Mostafa Madbouly met on Sunday, Dr. Khaled Hanafi, The Secretary-General of the Union of Arab Chambers, Osmar Chouhavi, President of the Arab-Brazilian Chamber of Commerce, and Tamer Mansour, Secretary-General of the Arab-Brazilian Chamber of Commerce.

The meeting reviewed the aspects of growing relations between Brazil and Arab countries, according to the cabinet official spokesman Nader Saad.

On his part, Dr. Hanafy pointed out that the Brazilian economy ranks 7th in the world, with an economy size of about one trillion and 600 billion dollars, and the volume of foreign trade close to $400 billion.

Moreover, he added that Egypt was the 3rd largest trading partner of Brazil across the Arab region, but thanks to the growth of bilateral relations during the past months, Egypt advanced to become Brazil's first trading partner , with a trade volume of nearly $2.6 billion.

On the other hand, the spokesman noted that Mabouly has received an invitation to participate in the meetings of the Arab-Brazilian Economic Forum. set to be held in Sao Paulo next July, under the auspices and presence of Brazelian President.

The forum's meetings this year will coincide with the celebration of the Arab-Brazilian Chamber of Commerce's seventieth anniversary.