Oman & Brazil boost their bilateral relations by signing a memorandum of understanding and enhancing cooperation

Muscat, agencies – The memorandum of understanding signed by the Amman Chamber of Commerce and Industry with the Arab-Brazilian Chamber of Commerce aimed to enhance cooperation and joint work between the two chambers on issues that serve to achieve the goals of the national visions of the two countries.

 This came during the Chamber’s participation in the fourth edition of the Arab-Brazilian Economic Forum, which was held to coincide with the celebrations of the Arab-Brazilian Chamber of Commerce (70) years since its founding.

 A large number of officials, business owners, and representatives of official bodies and institutions from various Arab countries and Brazil participated in the forum, which was held in Sao Paulo, Brazil.

 This year’s forum focuses on legacy and innovation; This is to celebrate the march of the Arab-Brazilian Chamber of Commerce, the transformations it has witnessed, and its role in strengthening Arab-Brazilian economic relations.

 Eng. Rida bin Jumaa Al Saleh, Chairman of the Chamber’s Board of Directors, participated in one of the forum’s discussion sessions, during which he touched upon the economic relations between the Sultanate of Oman and Brazil and the level of trade exchange. He also introduced the investment climate, and what distinguishes Oman from the possibilities and incentives that contribute to attracting investors and capital to invest in Sultanate of Oman.