Page 136 - AMEFT Journal 2021-4

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UAE & Brazil: Achieving balance in economic growth and environmental goals
The first-ever high-profile forum be- tween the UAE and Brazil focused on economic growth and sustainability took place on 3rd October 2021 in the presence of His Excellency Hamilton Mourão, Vice President of the Fed- eral Republic of Brazil; H.E. Abdulla Bin Touq Al-Marri, UAE’s Minister of Economy; Her Excellency Mariam bint Mohammed Saeed Hareb Almheiri, UAE Minister of Climate Change and Environment; H.E. Fernando Igreja, Brazilian Ambassador to the UAE and H.E. Osmar Chohfi, Former Ambas- sador and President of ABCC. The high-level event was organized by the Arab-Brazilian Chamber of Commerce (ABCC) in partnership with the Min- istry of Economy of the United Arab Emirates, the Federation of the United Arab Emirates Chambers of Commerce and Industry, the Dubai Chamber of Commerce and the Embassy of Brazil in Abu-Dhabi.
Titled ‘Brazil - UAE: Economic Sus- tainability Forum in the Amazon Re- gion’, the forum was held in Dubai
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along with the leading participation of government leaders from the UAE and Brazil including H.E. Abdullah Mo- hammed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry; H.E. Hisham Al Shirawi the bord member of Dubai Chamber of Commerce.
Brazil, a proven reliable provider of food security
H.E. Hamilton Mourão said, “Brazil and the UAE are working to ensure a better life for our future generations. As Strategic Partners, we should join forces in this effort. We are now shap- ing a friendly business environment for private actors to generate value, jobs and creative solutions for the future of the Amazon. Brazil is seeking to foster partnerships with the private sector, foreign governments, and investment funds for the sustainable development of the Amazon. We believe this Forum is a bold step in this direction.”
H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy, emphasized
on the strength of the economic and trade ties between the UAE and Brazil, pointing out that these ties are inclu- sive of diverse vital and priority sectors in line of sustainable economic devel- opment plans of both sides. Most no- table among these are agriculture and food security, infrastructure, trans- portation, energy, renewable energy, innovation, artificial intelligence, and space, he noted.
“Brazil is the largest South Ameri- can economy and a country with a prominent and influential regional and global standing. It is a major destina- tion on the UAE’s external economic cooperation agenda. The non-oil trade exchange between the two coun- tries reached USD 2.8 billion in 2020 , despite the repercussions of the COVID-19 pandemic on global trade and we are keen to work closely with our Brazilian government partners to achieve further progress in the trade and investment partnership between the two countries in sectors of mutual interest,” H.E. said.
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