Sharjah and Sao Paulo review available investment opportunities and prospects for...


Abu Dhabi – Mubasher: The business forum between Sharjah and Sao Paulo, Brazil, organized by the Sharjah Chamber of Commerce and Industry, reviewed, today, Wednesday, joint investment opportunities and prospects for bilateral cooperation and partnerships in various economic sectors, providing an opportunity for more than 100 businessmen in the two countries.

The forum highlighted opportunities for building future investment partnerships between the two sides and increasing the volume of trade exchange, especially in the food sector, according to the Emirates News Agency, WAM.

It also witnessed the signing of a memorandum of understanding between the Sharjah Chamber and the Investment Agency in Sao Paulo aimed at strengthening trade relations, developing and facilitating economic cooperation between the business communities in both countries.

The memorandum provided for exchanging trade delegations, enhancing discussions in the fields of export and economy, supporting follow-up visits for this purpose, promoting available investment opportunities, exchanging experiences, knowledge and training for members.

A number of Sao Paulo state ministers and officials in the Commercial Investment Agency gave speeches in which they highlighted the most important elements of investment in the various economic sectors. The forum also included holding bilateral business meetings between businessmen from both sides that focused on discussing partnerships, cooperation, mutual coordination and discussing available investment opportunities.

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