In partnership with the Brazilian Food Industry Association (Abia), Arab-Brazilian Chamber of Commerce (ABCC) has announced that its first webinar for 2021 will tackle the Arab region’s food security strategies and related opportunities for Brazilian food industry companies.
The online event titled ‘Food security challenges and market opportunities for Brazil’s food industry in the Arab countries’ will feature regional experts to discuss food security as one of the pillars of the region’s trade programs and socio-economic development initiatives, including the fundamental economic diversification policy.
The key areas of discussion during the webinar are the business potentials of Arab markets; food security in the Arab Gulf post coronavirus disease (COVID-19) pandemic; and the opportunities for Brazil’s food industry in major Arab economies. The event will end with a Q&A session.
Rubens Hannun, President, Arab Brazilian Chamber of Commerce, said: “Food security is a prominent component of many Arab countries’ efforts to advance their economies post-COVID-19. Regional governments continue to pour in large investments in agribusiness and other relevant areas to ensure robust food sources for their people. Additionally, the region’s food trade relations with Brazilian companies have been contributing to its food supply stability efforts, and more opportunities await industry players from the South American nation. The webinar seeks to highlight both market opportunities and challenges and discuss how all parties can further diversify their trade ties to sustain expansion during and in the aftermath of the pandemic.”
Brazil’s trade alliance with the Arab region is going from strength to strength despite the highly challenging market situation brought about by the still raging global COVID-19 crisis. Food and beverage exports from Brazil to the Arab world rose 2.84 per cent in 2020 from 2019 to reach USD 7.83 billion. During the period, the top-selling products included sugar, poultry, maize, beef and soybeans.