Brazil Property News: Brazilian property could benefit from trade visit




8th August 2008 04:18


Brazilian property investors could be noting with interest the anticipated arrival of a delegation of officials from Egypt next week.

Representatives from the African country are to meet with businessmen from a variety of different sectors of Brazilian industry with a view to strengthening relations.

A seminar is to be held on Monday August 11th that will see interested parties discuss how Brazilian and Egyptian enterprises can work together for mutual gain in years to come.

Explaining some of the reasons behind the trip, the Egyptian delegation has noted that both countries are economic leaders within their particular regions of the world.

"We believe that the time has come for closer ties, with greater attention to business, technical cooperation and investment," said Mona Wahba, executive director of the international relations department of the Egyptian ministry.

The number of rich people living in Brazil is increasing, the Institute of Applied Economic Research concluded in a recent report.


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