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10/29/24, 4:11 PM UAE-Brazil Business Council launches in Sao Paulo to boost growing trade, investment ties
UAE-Brazil Business Council launches in Sao Paulo to boost growing trade, investment ties
Non-oil bilateral trade between the two countries reached $2.64 billion in the first half of
2024, marking an 18.2 percent annual increase

The UAE-Brazil Business Council builds a vital platform for deepening economic ties and unlocking new opportunities for
collaboration in strategically important sectors (Image: WAM)
Published: Mon 28 Oct 2024, 11:52 AM
The UAE-Brazil Business Council held its inaugural meeting in Sao Paulo on the sidelines of
the G20 Business Summit (B20), in a bid to bolster economic cooperation between the UAE and
Brazil. Discussions focused on advancing UAE-Brazil trade and investment by identifying key
avenues for collaboration in sectors including clean energy, manufacturing, sustainable agriculture,
and technology.
UAE’s strategic advantages for business
The UAE-Brazil Business Council meeting highlighted the UAE’s strategic advantages as a
dynamic business hub and commercial gateway to Asia and Africa, leveraging its prime location,
world-class infrastructure, and investor-friendly regulatory environment to support growth and
cross-border expansion. By aligning the two countries’ mutual priorities, the council aims to forge
impactful partnerships that will drive trade flows and stimulate investment. Moreover, it aims to
unlock mutually beneficial opportunities for economic cooperation.
Present at the meeting were Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade;
Saleh Ahmed Al Suwaidi, UAE Ambassador to Brazil, and Juma Al Kait, Assistant Undersecretary
for International Trade at the Ministry of Economy. A high-level UAE delegation that included
senior officials and business leaders also participated alongside representatives from several of
Brazil’s largest companies.

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