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Qatar Chamber highlights Qatar's longstanding ties with Brazil at trade and investment seminar
Qatar Chamber highlights Qatar's longstanding ties with Brazil at trade and investment seminar

Qatar Tribune

time26-05-2025

  • Business
  • Qatar Tribune

Qatar Chamber highlights Qatar's longstanding ties with Brazil at trade and investment seminar

Tribune News Network Doha Qatar Chamber took part in the Brazilian Northeast Trade and Investment Seminar held on Sunday in Doha. The high-level event was attended by Rashid bin Hamad Al Athba, Second Vice-Chairman of Qatar Chamber, William Adibe Junior, president of the Arab-Brazilian Chamber of Commercem, Ambassador of Brazil to Qatar HE Marcelo Dantas as well as several governors and senior executives from major companies across Brazil's Northeast region. In his address, Al Athba highlighted that the seminar underscores the strength and depth of the longstanding ties between Qatar and Brazil, particularly in the areas of trade and investment. He noted that bilateral economic relations have grown steadily over recent years, with trade volume reaching approximately QR1.3 billion in 2024 — a testament to the shared commitment of both nations to deepen commercial collaboration. Al Athba emphasised that Qatar offers one of the most attractive investment destinations in the region, thanks to its world-class infrastructure, stable economy, and business-friendly legislation. He pointed out that 18 Brazilian companies currently operate in the Qatari market — one fully owned by Brazilian capital and the remaining 17 established as joint ventures with Qatari partners across various sectors. He reaffirmed Qatar Chamber's readiness to support the creation of more such partnerships and noted the chamber's ongoing efforts to provide platforms that facilitate direct engagement between Qatari and Brazilian businesscommunities. Commenting on the economic potential of Brazil's Northeast, Al Athba said the region's rich natural resources, skilled human capital, and growing industries make it an appealing destination for Qatari investments. He added that Qatar Chamber welcomes initiatives that seek to strengthen cooperation between businesses in both countries. For his part, William Adibe Junior praised the growing trade and economic ties between Brazil and Qatar, expressing optimism about future opportunities. He noted that the Northeast region — which comprises nine states — offers promising investment prospects in sectors such as renewable energy, agriculture, industry, artificial intelligence, infrastructure, and logistics, all of which align well with Qatar's investment interests. Echoing these sentiments, Marcelo Dantas described the Northeast as Brazil's fastest-growing region. He highlighted lucrative opportunities for Qatari investors, particularly in infrastructure development, including ports and airports, as well as in the tourism and hospitality sectors. The seminar served as an important platform for exchanging ideas, exploring synergies, and identifying new avenues for mutually beneficial economic cooperation between Qatar and Brazil.

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