The Arab Brazilian Chamber of Commerce, in partnership with the Brazilian Export and Investment Promotion Agency (Apex), will include 10 companies for participating in 9th Erbil International Fair, in Iraq, which is announced to be taken place from September 23rd to 26th, in the Kurdistan.
The fair will endorse multi sectors and will offer opportunities for companies in the areas of food, building, fashion, medical and hospital equipment, furniture, energy and electronics, among others.
Karina Cassapula, Marketing coordinator at the Arab Chamber, stated, "Today, Iraq is one of the most attractive countries with great potential for import of products in several sectors. The objective is to perform an action in a region that is yet untapped and is very attractive for penetration of Brazilian products."
Approximately 100 square meters will be covered by the Brazilian pavilion and the participating companies will get support from the Arab Chamber and Apex teams. As Karina Cassapula remarked, "We noticed that Iraq is currently a country of opportunities for Brazilian exporters."
During 1980s, it had been observed that the trading relationships between Brazil and Iraq were quite strong and healthy. However, due to many reasons the relationship between these two countries was damaged. Mainly the war situations in Iraq and US-led invasion are mostly responsible for this. The shipment of goods returned to strong growth late last decade, reaching US$ 1.3 billion in 2011, though still below the volume of trade recorded in 1989, US$ 1.8 billion, according to figures disclosed by the Ministry of Development, Industry and Foreign Trade. Last year, bilateral transaction between the two countries was around US$ 1.25 billion.
15th of July is the last date for the companies which are keen to participate this event in Iraq.
For Arab Chamber associates, the cost for participation is US$ 2,800, whereas for companies that are not associated, the cost is US$ 4,000.
Apart from taking part and showcasing products or services in the fair, the Brazilian companies will have a common agenda including, among other activities, meetings with representatives of the Chamber of Importers and of the Chamber of Commerce and Industry of Erbil.