Brazil and World
Brazil signs bilateral agreements with Middle East countries
The relationship between Brazil and the countries of the Middle East are becoming stronger. Last month, Brazilian President Jair Bolsonaro was in the United Arab Emirates, Qatar and Saudi Arabia. During the visit, several bilateral agreements were signed in areas such as peace and security, economic cooperation, artificial intelligence, environment and defense.
These countries are important buyers of Brazilian agribusiness products and there is a great expectation now for the investments that will be destined by them in Brazil. From Saudi Arabia, U$ 10 billion has been announced, which, according to Bolsonaro, is likely to be invested in infrastructure.
“Brazil has many opportunities. I believe that no country in the world has what we have, for sure, one of the best farmlands in the world that can guarantee you food security. Regarding to meat too, we have a huge market, more and more our slaughterhouses are gaining international certification, ”he said.
In the United Arab Emirates, eight agreements were signed, including the customs area. Both countries should provide mutual assistance in preventing, combating and investigating customs offenses to ensure security and fluidity in the trade logistics chain. In addition, there will be exchange of information on matters within its competence, such as customs valuation, rules of origin and tariff classification.