The UAE and Brazil Ink Memorandum of Understanding to Expand Investments and Bilateral Halal Trade

The Dubai Airport Freezone Authority (DAFZA) has entered into a Memorandum of Understanding (MoU) with the Arab-Brazilian Chamber of Commerce (CCAB), during a webinar held by the CCAB. The MoU has been entered into with the aim of boarding CCAB as a Halal Trade and Marketing Center (HTMC) service partner.

Amna Lootah, DAFZA‘s Assistant Director General, noted that economies of Brazil and the UAE are highly complementary and have the potential for significant collaboration in a number of trade and investment sectors, that are still untouched or only partially developed.

Lootah also added that the partnership between the CCAB and HTMC would reinforce and improve trade and investm...