Brazil and UAE Strengthen Economic Ties with New Trade Agreement
A new agreement between Brazil and the UAE’s Ras Al Khaimah aims to boost trade and investment, building on already strong economic ties.
- • Ras Al Khaimah Chamber of Commerce signed an MoU with the Arab-Brazilian Chamber of Commerce.
- • Agreement aims to expand business and investment opportunities between Brazil and Ras Al Khaimah.
- • The UAE was Brazil's largest Arab trading partner in 2022, with exports totaling $3.78 billion.
- • The economic forum featured multiple sponsors supporting international cooperation.
Key details
The Chamber of Commerce and Industry of Ras Al Khaimah in the United Arab Emirates (UAE) and the Arab-Brazilian Chamber of Commerce have formalized a Memorandum of Understanding (MoU) to boost business and investment opportunities between Brazil and Ras Al Khaimah. The agreement was signed during the Brazil-Arab Countries Economic Forum held in São Paulo on August 25, 2026. According to Rashid Khalfan Al Nuaimi, director-general of Ras Al Khaimah's Chamber, the emirate offers strategic advantages including industrial strengths in food, ceramics, logistics, and tourism sectors, alongside government incentives and modern infrastructure to attract foreign investors. Furthermore, businesses in Ras Al Khaimah enjoy preferential access to markets across the Middle East, Africa, and Asia, enhancing the appeal for Brazilian companies. William Adib Dib Júnior, president of the Arab-Brazilian Chamber, emphasized that the agreement will strengthen partnerships and help promote Ras Al Khaimah to Brazilian entrepreneurs. The UAE is already Brazil’s largest trading partner in the Arab region, with Brazilian exports valued at $3.78 billion in 2022, predominantly chicken, sugar, gold, cellulose, and beef. Conversely, the UAE exported $628.19 million worth of oil, sulfur, machinery, and polymers to Brazil. The forum was supported by multiple organizations, reflecting a strong commitment to advancing Brazil-UAE economic relations. This partnership marks a significant step towards enhancing bilateral trade and investment flows between Brazil and the UAE.
This article was translated and synthesized from Brazilian sources, providing English-speaking readers with local perspectives.
