The Ambassador of the Kingdom of Bahrain to the Federative Republic of Brazil participates in a discussion board to strengthen business partnership with the State of Santa Catarina

Badr Abbas Al Khalibi, Ambassador of the Kingdom of Bahrain to the pleasant Federative Republic of Brazil, took half within the discussion board (Enlargement of business partnership between the Kingdom of Bahrain and the State of Santa Catarina), which was organized by the Federation of Voluntary Enterprise Associations in cooperation with the embassy and federal consultant Caroline de Toni , in addition to within the presence of representatives of the Brazilian Chamber of Commerce and Business, Arab and state funding firms and quite a few businessmen.

In his speech, Ambassador Badr Al Khalibi harassed the significance of this discussion board in strengthening the financial, commerce and funding partnership between the 2 pleasant nations within the gentle of the constructive outcomes of the go to of Brazilian President Jair Bolsonaro to the Kingdom of Bahrain. on the invitation of His Majesty King Hamad bin Isa Al Khalifa, King of Al Mafda, God bless him, in November final yr, the opening of the Brazilian Embassy in Manama and the influence of pleasant ties on the expansion of commerce quantity to 2.2 billion US {dollars} in 2021 yr, making Brazil the third largest buying and selling associate of the Kingdom of Bahrain and the Kingdom the fourth largest Arab buying and selling associate of Brazil.

Mr. Sergio Rodríguez Alves, President of the Santa Catarina Federation of Enterprise Associations, which was established fifty years in the past and brings collectively greater than 34,000 firms underneath its umbrella, expressed his satisfaction with the excellent Bahraini-Brazilian financial relationship, noting the wealth of the state. in funding alternatives, being the biggest in Brazil by way of funding alternatives. The place is the manufacturing of greens, poultry and pink meat, and the most effective vacationer possibility for the eleventh yr, with the bottom unemployment price.

Consultant Caroline de Toni praised the financial convergence of the 2 nations, particularly within the southern area of Brazil, as a part of the Brazilian authorities’s want to strengthen cooperation with the Kingdom of Bahrain and the Arab nations, noting the alternatives for creating commerce exchanges and funding alternatives and alternatives within the area of textiles, agriculture and trade, particularly within the state of Santa Fe Katrina.

Mr. Marcos Vinicius, Advertising Data Coaching Director of the Arab-Brazilian Chamber of Commerce, praised the Kingdom of Bahrain’s efforts to facilitate commerce alternate procedures with Brazil.

Badr Ali, Regional Director for the Center East and North Africa on the Financial Growth Council, attended the assembly the place he reviewed the elements and incentives for funding within the Kingdom of Bahrain in gentle of its ongoing financial development and diversification. and its relationship with free commerce agreements, safety and promotion Investments and avoidance of double taxation with many nations of the world, in addition to their use of assorted funding alternatives at aggressive costs in varied sectors of the financial system.

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