A delegation of Egyptian companies will visit São Paulo in Brazil for two days—December 7 and 8—to discuss trade with several companies, including Elktob Textiles and Almatex, which offer cotton yarn and fabrics. The visit, organised by the Egyptian Commercial Services, will include authorities from the trade promotion organisation of the Arab country.
On December 7, the visiting Egyptian delegation will attend meetings with representatives of various Brazilian government agencies and individual sector associations, a news agency reported.
The next day, the delegation will take part in a seminar on the free trade agreement signed by Mercosur and Egypt, which went into effect in September this year. There will be a business matchmaking with the Brazilian companies, after the seminar, which is being organised by the Arab Brazilian Chamber of Commerce.
During January-October 2017, Brazil imported cotton and cotton yarn worth $6.7 million and another $3 million of apparel from Egypt, according to the data from Brazil’s ministry of development, industry and foreign trade.