Arabs seek new suppliers in Brazil to strengthen food inventory

Published 2020년 6월 9일

Tridge summary

Due to the Covid-19 pandemic, Arab countries are looking to diversify their food suppliers and increase imports from Brazil. These countries, including Saudi Arabia, Bahrain, Egypt, the United Arab Emirates, Kuwait, Morocco, and Sudan, are seeking supplies of beef, chicken, fish, sugar, rice, milk products, corn, and fruits, as their previous main suppliers from Europe have been affected by the pandemic. The Arab Brazilian Chamber of Commerce has convened a virtual conference with 23 agribusiness entities to address the new demand. In 2019, Arab countries purchased US$12.12 billion worth of products from Brazil, marking a 6.3% increase from the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Governments in Arab countries are seeking new food suppliers in Brazil in an effort to strengthen their inventories in the Covid-19 pandemic, given the possibility that the disease may still affect export flows in producing countries and the fear of running out of products. that China resumes purchases in the international market, with the normalization of its economy. According to the Arab Brazilian Chamber of Commerce, countries such as Saudi Arabia, Bahrain, Egypt, the United Arab Emirates, Kuwait, Morocco and Sudan have asked the organization for help in finding suppliers of beef, chicken, fish, sugar, rice, milk products, corn and fruits and other products that previously came mainly from Europe and that are no longer regularly supplied with the worsening pandemic on the continent. The organization's president, Rubens Hannun, explains that the Arabs are buying through their own supply ministries or importers recently accredited by the state, with no previous experience in the ...

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