New Partnership between governments of the United Arab Emirates (UAE) and Brazil to exchange knowledge and expertise.
The governments of the United Arab Emirates (UAE) and Brazil have launched a partnership to exchange knowledge and expertise in the economic field.
In fact, the new partnership is the first of its kind under the UAE’s Knowledge Exchange Program.
Which aims to promote collaboration and knowledge sharing between governments.
New Partnership announcement.
The announcement of the new partnership was during a visit by a Brazilian delegation to the UAE.
Led by Alexandre Cordeiro Macedo, the president of the Brazilian Administrative Council for Economic Defense.
Moreover, the delegation met with UAE officials from the Ministry of Economy, the Ministry of Foreign Affairs, and the Ministerial Council Affairs.
During the visit, the two sides held a workshop to discuss best practices in a range of economic areas.
Including trade, investment, development, intellectual property, and anti-money laundering.
The workshop also covered topics such as consumer protection, competition policy, and the development of small and medium-sized enterprises.
Benefits of the partnership
As per expectations, the partnership will benefit both countries in a number of ways.
For the UAE, it will provide an opportunity to learn from the experience of a leading emerging economy with a strong track record of economic growth.
For Brazil, the partnership will offer access to the UAE’s expertise in areas such as financial services, technology, and infrastructure.
The partnership will also help promote trade and investment between the two countries.
The UAE is Brazil’s second-largest trading partner in the Middle East.
Since the two countries have a long history of economic cooperation.
Next steps
The two sides have agreed to continue working together to develop the partnership.
Also they planned to hold regular meetings and workshops to share information and best practices.
Quotes
- “This partnership will enable teams in the UAE and Brazil to learn more about each other’s best practices and experiences.
It will also help to promote trade and investment between the two countries.”
As per Abdullah bin Touq Al Marri, the UAE minister of economy. - “The partnership is a new model for cooperation between the UAE and Brazil.
It will help us to learn from each other’s experiences and to develop our economies.”
As per Abdullah Nasser Lootah, the Director General of Federal Competitiveness and Statistics Authority - “The partnership is an important step in our efforts to strengthen our cooperation with the UAE.
We look forward to working with the UAE to promote economic growth and prosperity in both our countries.”
As per Alexandre Cardoso Macedo, the president of the Brazilian Administrative Council for Economic Defense.
The launch of the UAE-Brazil knowledge sharing partnership is a positive development.
Because it has the potential to strengthen relations between the two countries and promote economic growth in both countries.
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