According to
Amac News: An agreement was also signed between the UAE and Brazil, which aims to strengthen cooperation in the fields of energy investments, mining exploration and new technologies.
This agreement followed Sheikh Khalid's official visit to Brazil last November and a meeting with President Lula da Silva.
The purpose of this agreement is to support mutual investments in the exploration, development, processing and marketing of minerals, while also covering key areas such as advanced technology, research and development, and education and training of the workforce in technical fields. takes
Sheikh Khaled emphasized that the UAE is committed to strengthening strategic relations with Brazil. The Minister of Investment of the UAE also considered this cooperation as a sign of commitment to sustainable economic growth.
The meeting also discussed opportunities to expand strategic partnerships and strengthen the exchange of expertise and modern technologies to support comprehensive development and economic prosperity in both countries.
UAE-Brazil economic relations are characterized by a high level of mutual investments and bilateral non-oil trade, which reached $2.64 billion in the first six months of 2024.