Trade: New landscape calls for alternative routes
At the third panel of the Brazil & Arab Countries Economic Forum, panelists shared experiences and ideas on the need to explore new trade routes. The post Trade: New landscape calls for alternative routes appeared first on ANBA News Agency .
São Paulo – The Brazil & Arab Countries Economic Forum's third panel, titled "Trade, Logistics, Corridors & Financial Resilience," emphasized the need for alternative paths in trade during a crisis. Khaled Hanafy, secretary-general of the Union of Arab Chambers, stressed that many exporters had to halt operations when the Strait of Hormuz was disrupted due to a lack of adaptation.
The event, organized by the Arab-Brazilian Chamber of Commerce (ABCC) in São Paulo, focused on four key words: movement, storage, financing, and knowledge. Hanafy called on both Brazil and Arab countries to consider new trade routes. DP World Brazil's Fabio Siccherino highlighted the company's expansion at the Port of Santos, addressing logistical bottlenecks within Brazil.
MSC's Hisham A. Al Ansari explained his company's Plan B for disruptions in traditional trade corridors, emphasizing the importance of an intermodal system and other modes of transportation. Oman's Ali Mohammed Tabouk argued for Oman's potential as a hub for Brazil's private sector, thanks to the country's diplomatic relationships.
Sara El Gazzar from Egypt noted the direct link between politics, logistics, and trade, suggesting a more strategic and less linear relationship between Brazil and the Arab world. Finally, Orbitra's Maher Nour stressed the importance of adaptability and real-time data in navigating geopolitical challenges.
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