Doha, Qatar: Qatar Chamber (QC) and the Arab-Brazilian Chamber of Commerce (ABCC) held a meeting in São Paulo to explore expanding trade and investment ties between the State of Qatar and Brazil.
The meeting convened QC Board Member and Chair of the Food Security & Environment Committee and the Technology & Innovation Committee, Mohamed bin Ahmed Al Obaidli and ABCC President, William Dib.
Discussions focused on deepening private-sector cooperation across various sectors, including agriculture, food production, halal-certified products, food security, logistics, and innovation. It also reviewed the possibility of establishing an electronic link between Qatar Chamber and the Arab-Brazilian Chamber of Commerce.
During the meeting, Al Obaidli affirmed that Qatar and Brazil enjoy robust relations, noting the wide-ranging opportunities to enhance trade and investment between both nations, particularly in food security, agriculture, food production, and logistics.
He noted that Qatar has the potential to serve as a regional hub for storing and distributing Brazilian food products to markets across the Middle East and North Africa (MENA). He highlighted Qatar’s strategic location, advanced infrastructure, and well-developed transport and logistics systems.
He pointed to the potential for establishing joint partnerships and investments between Qatari and Brazilian companies in food production and processing, meat and poultry, animal feed and fertilisers, cold-chain solutions, logistics, and agricultural technology, thereby enhancing food security and the resilience of supply chains.
Al Obaidli emphasised the Qatar Chamber’s keenness to coordinate with relevant entities in both countries to identify Brazilian companies interested in investing and to organise business meetings to explore cooperation opportunities and establish joint projects, contributing to the transition from traditional trade relations to sustainable investment partnerships.
He also stressed the importance of enhancing cooperation in technology and innovation, connecting companies and business communities in both countries, and benefiting from the expertise and experience available on both sides.
For his part, William Dib affirmed the strong and growing relations between Brazil and Qatar, noting that bilateral trade exceeded $400m last year. He said that Brazil’s main exports to Qatar include agricultural and food products, while imports from Qatar include refined petroleum products, fertilisers, and aluminum.
He also noted that Qatari investments in Brazil have exceeded $7bn since 2010 in several sectors and pointed to the presence of Brazilian companies operating in Qatar across various sectors.
The two sides agreed to maintain communication and coordination between the Qatar Chamber and the Arab-Brazilian Chamber of Commerce, strengthen cooperation between the two business communities, and explore new opportunities for trade and investment to further advance bilateral economic relations.
