Abu Dhabi Chamber explores ways to boost economic cooperation with Brazil

By Shilpa Annie Joseph, Official Reporter
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Abu Dhabi Chamber of Commerce and Industry’s (ADCCI) Chairman HE Abdullah Mohammed Al Mazrui has discussed ways to strengthen the economic cooperation with the Special Secretary for Strategic Affairs at the Presidency of the Brazilian president, Admiral Flavio Augusto.

Both the parties have discussed the prospects of investment and commercial cooperation between businesses in Abu Dhabi and Brazil in order to better serve the business environment in both countries.

HE Fernando Luís Lemos Igreja, Brazilian Ambassador to the UAE, and HE Dr. Ali Saeed bin Harmal Al Dhaheri, First Vice Chairman of the Abu Dhabi Chamber, attended the meeting.

HE Al Mazrui praised the visit of the Brazilian official, which reflects the awareness of the leadership in Brazil to cement the bilateral relationship between the UAE and Brazil.

Al Mazrui pointed to the necessity to increase the presence of Brazilian businesses in the UAE markets and benefit from the excellent investment climate in Abu Dhabi, especially in the industrial sector, services, tourism, energy, and technology sectors.

For his part, Admiral Augusto has expressed his high hopes in increasing the frequency of visits between Emirati and Brazilian entrepreneurs and businesses, while pointing to the features his government offers for foreign investors to encourage innovation in all economic sectors.

Further, the Admiral emphasized the importance of joint coordination to identify the available business opportunities in both countries, expressing his country’s awareness to provide all the facilities and support Emirati investors require to launch their businesses in Brazilian markets and increase the volume of exports between the two sides.

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