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Showing posts with the label Trade

Thank God for the Completion and Good Ending

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  In the journey of life, each chapter presents its unique challenges, obstacles, and rewards. There are moments when we find ourselves overwhelmed, questioning whether we will ever reach the finish line. However, just like the narrative arcs of our favorite stories, there’s something deeply satisfying about a well-executed conclusion—one that feels both rewarding and fulfilling. Whether it's a personal goal, a professional project, or even a cherished movie or book, the feeling of completion is something we all strive for. It brings a sense of peace, knowing that despite the ups and downs, there was a purpose behind every step we took. And when the ending is good, it makes all the struggles worthwhile. The Importance of Completion In a world that moves at such a rapid pace, we often rush through tasks and events, focusing on the next big thing before we’ve even processed the current one. Yet, completing something gives us the chance to reflect. We can look back and appreciate the ...
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Brazil Expands Global Trade Footprint with UAE and EU Partnerships

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 Under the leadership of President Luiz "Lula" da Silva, Brazil is embarking on a transformative journey to redefine its position in global trade. Through strategic alliances and comprehensive trade agreements, the nation is laying the groundwork for a robust international presence. Recent developments at the Mercosur Summit in Montevideo highlight Brazil’s growing engagement with the United Arab Emirates (UAE) and the European Union (EU), signaling a new era of economic collaboration and global influence. Deepening Relations with the UAE Brazil’s relationship with the UAE has gained significant momentum, with negotiations on a Comprehensive Economic Partnership Agreement (CEPA) progressing rapidly. The agreement, slated for conclusion by 2025, aims to strengthen trade flows between the two nations, which already exceed $4.3 billion annually. Brazil’s exports to the UAE, including poultry, sugar, and beef, account for $3.1 billion, underscoring the UAE’s position as a vital t...
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The UAE’s foreign trade has achieved a new milestone

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The United Arab Emirates (UAE) has emerged as a worldwide economic powerhouse, with non-oil foreign trade expected to hit a record high of Dh3.5 trillion ($953 billion) by 2023. This success is the consequence of the UAE's tireless efforts to diversify its economy and form strategic alliances around the world. The UAE has inked Comprehensive Economic Partnership Agreements (Cepas) with numerous nations, including India, Turkey, and Indonesia, as part of efforts to reduce its reliance on hydrocarbons. These agreements have been crucial in increasing the country's trade volumes and attracting international investment.   Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, stressed the importance of these ties, stating that the UAE's non-oil foreign trade with Cepa partners will top Dh390.5 billion in 2023, a 24.5% increase over the previous year. The UAE's achievement in growing its trade network demonstrates its role as a worldwide trading hub, as well as its dedi...
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UAE and South Africa explore bilateral trade, investment opportunities

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  To increase potential for commerce and investment, the UAE and South Africa met on Wednesday. Additionally, the two countries are looking into ways to expand important industries including tourism, logistics, energy, and food production. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, served as the leader of the delegation from the UAE to South Africa. There were also representatives of top South African businesses engaged in the production of renewable energy, information technology, medical equipment, agriculture, electricity, artificial intelligence, food security, mining, and infrastructure. Ebrahim Patel, the minister of trade, industry, and competition, and Pravin Jamnadas Gordhan, the minister of public enterprises, met individually with Al Zeyoudi. According to a report by Emirates News Agenc y - WAM, during the talks, they discussed methods to improve cooperation, facilitate private sector discussion, build creative joint ventures and programs, and...
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