Sao paulo: Qatar Chamber and the Arab-Brazilian Chamber of Commerce (ABCC) convened in Sao Paulo to discuss opportunities for expanding trade and investment ties between Qatar and Brazil. The meeting involved Qatar Chamber Board Member Mohamed bin Ahmed Al Obaidli, who chairs the Chamber's Food Security and Environment Committee and the Technology and Innovation Committee, and ABCC President William Dib.
According to Qatar News Agency, discussions centered on enhancing cooperation in sectors such as agriculture, food production, halal-certified products, food security, logistics, and innovation. The possibility of establishing an electronic link between Qatar Chamber and ABCC was also considered.
During the talks, Al Obaidli highlighted the robust relations between Qatar and Brazil. He emphasized the opportunities to enhance trade and investment, particularly in food security, agriculture, food production, and logistics. He noted Qatar's strategic location and advanced infrastructure, which position it as a potential regional hub for distributing Brazilian food products across the Middle East and North Africa (MENA).
Al Obaidli proposed the establishment of joint partnerships and investments between Qatari and Brazilian companies in fields such as food production and processing, meat and poultry, animal feed and fertilizers, cold-chain solutions, logistics, and agricultural technology. He stressed the Chamber's commitment to collaborating with relevant entities in both countries to identify Brazilian companies interested in investing and organizing business meetings to explore cooperation opportunities.
He also underscored the importance of enhancing cooperation in technology and innovation to connect companies and business communities in both countries and leverage expertise and experience from both sides.
President of ABCC William Dib affirmed the strong and growing relations between Brazil and Qatar, noting that bilateral trade surpassed USD 400 million last year. Brazil's main exports to Qatar include agricultural and food products, while imports from Qatar consist of refined petroleum products, fertilizers, and aluminum. Dib highlighted that Qatari investments in Brazil have exceeded USD 7 billion since 2010, with Brazilian companies operating in Qatar across various sectors.
Qatar Chamber and ABCC agreed to maintain communication and coordination, strengthen cooperation between business communities, and explore new trade and investment opportunities to further advance bilateral economic relations.