Qatar Chamber seeks to boost economic & commercial ties with Brazil

By Shilpa Annie Joseph, Desk Reporter
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Qatar Chamber
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Qatar Chamber’s First Vice-Chairman Mr. Mohamed bin Twar Al Kuwari has discussed economic and commercial cooperation between Qatar and Brazil with the Secretary-General of the Arab-Brazilian Chamber of Commerce (ABCC), Mr. Tamer Mansour and Regional Advisor for GCC, Iraq, and Yemen, Mr. Shaheen Ali Shaheen.

During the meeting, they also explored the possibility of organizing a business visit for a Brazilian trade delegation to Qatar this month with the participation of more than 50 businessmen and Brazilian officials to review investment opportunities available on both sides and incentives offered for investors in Brazil.

Further, the delegation invited Qatar Chamber and Qatari businessmen to participate in the fourth edition of Economic Forum Brazil and Arab Countries which will be organized by the ABCC in São Paulo on July 4, 2022.

According to the statement, “The event, which coincides with the 70th-anniversary celebrations of the ABCC, will highlight investment opportunities on both sides and ways to enhance cooperation between the Arab and Brazilian private sectors.”

On his part, Mr. Al Kuwari expressed the Chamber’s interest to host the Brazilian delegation in Doha, affirming that the visit will open new areas for cooperation between Qatari firms and their Brazilin counterparts.

The First Vice-Chairman also assured the Chamber’s welcome to participate in the Economic Forum, noting that Qatar and Brazil enjoyed close relations.

As for mutual investments, Mr. Al Kuwari said that “Brazil is one the most distinguished destinations for Qatari investments, noting that it hosts many successful Qatari investments in various sectors. Qatari investors and businessmen are interested in learning about investment opportunities galore in Brazil.”

Mr. Mansour praised the distinct relations between Brazil and Arab countries, pointing out that “Brazil is rife with plenty of opportunities in various sectors such as mining and energy, inviting Qatari businessmen to invest in Brazil.”

Related: Abu Dhabi Chamber discusses trade & investment relations with Lesotho


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