Fifty years of UAE-Brazil ties: Few bilateral relationships have run so deep and wide so quickly


Reem Al Hashimy
Reem Al Hashimy
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November 19, 2024

The Brazil Pavilion at Expo 2020 Dubai proved highly popular with visitors. A vast white canopy hung like a great cloud over a cool expanse of shallow water, representing the rivers, streams, swamps and floodplains of the Amazonian basin.

Under an Arabian Sun and surrounded by the sands of Dubai, visitors could slip off their shoes and feel the entrancing coolness of the water. Watching depictions of mangroves and Amazonian waterlilies, they were transported to the heart of Brazil’s unparalleled natural inheritance: home to the green lungs of our planet and some of its most important freshwater arteries.

Waterways have always united people, spreading ideas and innovation as well as goods. Dubai itself sits at the heart of one of the world’s greatest seafaring and trading routes. During Expo 2020, for a moment, these watercourses overlapped, symbolising the many affinities between Brazil and the UAE and the rising tide in our relationship.

Those tides rose to new heights this week during a visit by Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, to Brazil, to mark 50 years of our bilateral relationship, to represent the UAE at the G20 Summit, and to usher in a new chapter in our partnership.

Visitors at the Brazil Pavilion at Expo 2020 Dubai. Photo: Expo 2020 Dubai
Visitors at the Brazil Pavilion at Expo 2020 Dubai. Photo: Expo 2020 Dubai

As a dynamic trading nation and one of the most open societies in the world, we Emiratis have always believed that our nation is enriched by diversity. In diplomatic and economic relationships, partner countries benefit from all that makes us different as well as the ways in which we resemble each other.

Brazil-UAE relations are a case in point. Brazil is over 100 times larger than the Emirates, while its population is more than 20 times the size of our own. We differ vastly in climate, geography and history. Yet, like two rivers merging, we share a confluence of interests and complementary strengths. We each retain our distinct identities, but together we generate opportunity for our peoples and work towards a more stable and equitable world.

Few bilateral relationships have run so deep and wide so quickly. Brazil opened its embassy in Abu Dhabi in 1978. The first significant economic agreement between our countries was signed as recently as 1988. Yet today the UAE – with our world-leading financial, legal, transport and infrastructure systems – is the central trading hub for Brazil in Middle Eastern markets, and its second-largest Middle Eastern trading partner.

We exchanged more than $4 billion in non-oil bilateral trade in 2022. Last year, the UAE ranked as the 28th-largest destination for Brazilian products. By the first half of this year, it rocketed to 13th position, buoyed by a 74 per cent increase in Brazilian exports to the Emirati market. At least 40 Brazilian companies now operate in the UAE, and the number of Brazilian visitors to our shores is soaring.

Visitors at the Brazil Pavilion at Expo 2020 Dubai. Photo: Expo 2020 Dubai
Visitors at the Brazil Pavilion at Expo 2020 Dubai. Photo: Expo 2020 Dubai
Both our nations are situated at the crossroads of our regions, and act as gateways of investment, trade and cultural exchange as well as vibrant hubs of tourism

Other links are less easily measured but no less strong, since they live in our respective imaginations. I have a childhood memory of my father, who used to play as goalkeeper in the UAE football team, cheering our national squad to the rafters as it was led to its first World Cup in 1990 by a Brazilian coach – Carlos Alberto Parreira. More recently, Brazil’s national day at Expo was an immersive, colour-drenched celebration of the country’s music, food and dance. Overflowing the pavilion, it brightened every corner of the Expo site, reflecting the warmth of our cultural connection.

For all these reasons and more, when we look to the future, we see a partnership brimming with potential. In many of the areas of the greatest importance to the future of the world, the UAE ranks Brazil as a priority partner, from trade to space exploration and green technology and AI.

Both our nations are situated at the crossroads of our regions, and act as gateways of investment, trade and cultural exchange as well as vibrant hubs of tourism. We are ambitious for the potential of a UAE-Mercosur Free Trade Agreement, which holds the potential to eliminate or reduce customs tariffs and other trade barriers while facilitating the flow of investments and services.

At the international level, our countries are committed to multilateralism and development and prosperity for all countries and peoples. We work side by side as members of the Brics, the group of the world’s leading emerging market economies. We are allies, too, in the fight against hunger, poverty and inequality, which Brazil has put at the heart of its important G20 agenda.

A Brazilian indigenous group interacts with guests at Cop28 in Dubai last year. Pawan Singh / The National
A Brazilian indigenous group interacts with guests at Cop28 in Dubai last year. Pawan Singh / The National

Both our peoples have a strong connection to the land and to traditional knowledge and practices. Both believe in the importance of the expertise and values of indigenous peoples in achieving sustainable development and protecting biodiversity. We share a common appreciation of the need for urgent international action against climate change, which our citizens feel directly, whether in Brazil’s drying Amazon rivers or the extreme heatwaves and storms increasingly afflicting the UAE and our neighbours. Accordingly, both our countries advocate climate finance and policies that support local and indigenous communities, women and youth.

When the UAE hosted Cop28 almost exactly a year ago, we were proud that the indigenous peoples of Brazil came to share their wisdom. They were not only part of the largest presence of indigenous peoples in the entire history of the Cops but, as representatives of their peoples and communities, took part in debate and in dialogue with the negotiators. We look forward to participating fully in Cop30 in Belem next year, at the gateway to the Amazon itself.

The stream of eager visitors to the Brazil Pavilion at Expo 2020 – and the flow of travellers and traders moving between our two countries since then – are proof of the new channels that open up when contrasting perspectives, traditions and cultures combine in new ways, as they do in our relationship. As water flows, so minds meet, when there are common interests and opportunities to be seized.

The future of global security and prosperity relies on a shared commitment to achieving stability and development for all, and strong co-operation on the international level. For the UAE, Brazil is, and will remain, one such valuable – and valued – partner.

Results:

CSIL 2-star 145cm One Round with Jump-Off

1.           Alice Debany Clero (USA) on Amareusa S 38.83 seconds

2.           Anikka Sande (NOR) For Cash 2 39.09

3.           Georgia Tame (GBR) Cash Up 39.42

4.           Nadia Taryam (UAE) Askaria 3 39.63

5.           Miriam Schneider (GER) Fidelius G 47.74

 

 

KLOPP%20AT%20LIVERPOOL
%3Cp%3EYears%3A%20October%202015%20-%20June%202024%3Cbr%3ETotal%20games%3A%20491%3Cbr%3EWin%20percentage%3A%2060.9%25%3Cbr%3EMajor%20trophies%3A%206%20(Premier%20League%20x%201%2C%20Champions%20League%20x%201%2C%20FA%20Cup%20x%201%2C%20League%20Cup%20x%202%2C%20Fifa%20Club%20World%20Cup%20x1)%3C%2Fp%3E%0A
The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

UAE currency: the story behind the money in your pockets
How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

The past Palme d'Or winners

2018 Shoplifters, Hirokazu Kore-eda

2017 The Square, Ruben Ostlund

2016 I, Daniel Blake, Ken Loach

2015 DheepanJacques Audiard

2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan

2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux

2012 Amour, Michael Haneke

2011 The Tree of LifeTerrence Malick

2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul

2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke

2008 The Class (Entre les murs), Laurent Cantet

Zodi%20%26%20Tehu%3A%20Princes%20Of%20The%20Desert
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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

BUNDESLIGA FIXTURES

Saturday

Borussia Dortmund v Eintracht Frankfurt (5.30pm kick-off UAE)

Bayer Leverkusen v Schalke (5.30pm)

Wolfsburg v Cologne (5.30pm)

Mainz v Arminia Bielefeld (5.30pm)

Augsburg v Hoffenheim (5.30pm)

RB Leipzig v Bayern Munich (8.30pm)

Borussia Monchengladbach v Freiburg (10.30pm)

Sunday

VfB Stuttgart v Werder Bremen  (5.30pm)

Union Berlin v Hertha Berlin (8pm)

Top Hundred overseas picks

London Spirit: Kieron Pollard, Riley Meredith 

Welsh Fire: Adam Zampa, David Miller, Naseem Shah 

Manchester Originals: Andre Russell, Wanindu Hasaranga, Sean Abbott

Northern Superchargers: Dwayne Bravo, Wahab Riaz

Oval Invincibles: Sunil Narine, Rilee Rossouw

Trent Rockets: Colin Munro

Birmingham Phoenix: Matthew Wade, Kane Richardson

Southern Brave: Quinton de Kock

UAE currency: the story behind the money in your pockets
Updated: November 19, 2024, 11:18 AM