Kabariti calls for new channels to develop Jordanian-Brazilian ties

AMMAN — Jordan Chamber of Commerce (JCC) President Nael Kabariti on Tuesday called for opening new channels to develop economic relations between Jordan and Brazil and to encourage the private sector to establish joint investment projects, increasing the volume of bilateral trade.

Meeting with the director of the Arab-Brazilian Chamber of Commerce, Kabariti urged Brazilian businesspeople to benefit from Jordan’s location and stability as a centre of commerce and investment in the Middle East, despite the conditions of the region.

Kabariti voiced the private sector’s willingness to benefit from the big Brazilian markets and its varying products of foodstuffs, car parts and heavy machinery. Jordan’s exports to Brazil amounted to around $7 million in 2014 whereas imports amounted to $268 million, according to the JCC president.

The meeting also covered preparations for a visit of a Jordanian delegation to Brazil, in order to participate in the APAS 2016, the biggest trade show to be held in Latin America next May.