Qatar Chamber, Arab-Brazilian Chamber explore enhancing ties.

The Qatar Chamber and the Arab-Brazilian Chamber of Commerce recently convened in Sao Paulo to discuss bolstering trade and investment connections between Qatar and Brazil. Mohamed bin Ahmed al-Obaidli, a member of the Qatar Chamber board and the chair of two key committees, co-hosted the meeting with William Dib, president of the Arab-Brazilian Chamber.

Discussions centered on strengthening private-sector collaboration across sectors such as agriculture, food production, halal-certified goods, food security, logistics, and innovation. They also examined the potential for creating an electronic bridge between the two chambers. Al-Obaidli highlighted the robust relations between Qatar and Brazil and the numerous opportunities to expand trade and investment, particularly in food security, agriculture, production, and logistics.

He emphasized Qatar's strategic position as a hub for storing and shipping Brazilian goods to Middle Eastern and North African markets, citing its advanced infrastructure and logistics capabilities. Al-Obaidli proposed joint ventures in various industries, including food production, meat and poultry, animal feed, fertilizers, cold-chain technology, and logistics, to boost food security and supply chain resilience.

He stressed the chamber's readiness to connect Brazilian firms with Qatari investors and arrange meetings to explore cooperation prospects and collaborative projects. Dib echoed the strong ties between the two nations, noting that bilateral trade surpassed $400 million the previous year. He mentioned that Brazil primarily exports agricultural and food products to Qatar, while Qatar imports refined petroleum, fertilizers, and aluminium.

Qatari investments in Brazil have exceeded $7 billion since 2010, with numerous Brazilian firms operating in Qatar across various sectors. Both parties agreed to maintain dialogue and coordination, deepen mutual cooperation, and explore fresh trade and investment prospects to further enhance bilateral economic relations.