Distance is an opportunity for complementary capacities


Brazilian Ambassador to Ankara Carlos Martins Ceglia pointed to the defense and health sectors for the future of Brazil-Turkey trade, which doubled in 10 years and reached 4.4 billion dollars in 2021. Saying that they see the distance between the two countries as an opportunity to develop complementary capacities, Ceglia said, “We are in agreement with the Turkish authorities on this issue.” Ceglia said that the defense and health sectors stand out among the numerous potential economic areas in which the two countries can cooperate. Pointing out that both Brazil and Turkey have made remarkable progress in defense and health, Ceglia said, “Both countries have the will and space for more cooperation in these areas,” saying that Turkey and Brazil are jointly engaged in research, development, production and modernization of the defense industry. reminded him of the Cooperation Agreement he signed on March 25 to work. Stating that they are working in partnership with Turkish business organizations such as DEİK, TOBB and ATO, Caglia said that their relations with the Defense Industry Presidency, which is the Turkish side of the agreement, are also very good.

Answering the questions of TR MONITOR, the weekly English publication of DÜNYA newspaper, before Foreign Minister Mevlüt Çavuşoğlu’s visit to Brazil, Ceglia stated that both countries, which are power centers in tourism, would benefit from cooperation in this field. Drawing attention to the importance of agriculture in bilateral trade, Ceglia said, “Brazil is one of the world’s largest producers and exporters of grain, meat, coffee and sugar. Turkey is a big market. Most of the growth in our bilateral trade was driven by the agriculture sector, which has grown by approximately 150% over the past five years and accounts for almost half of total bilateral trade in 2021. “Considering that Brazil’s agriculture is growing year by year, I’m sure there is a lot of growth potential in this area,” he said.

4 Brazilian companies create 10,000 jobs

Ambassador Ceglia pointed out that bilateral trade has increased significantly in the last 10 years and provided the following information: “According to the Brazilian Ministry of Economy, the trade flow between Brazil and Turkey has almost doubled from 2011 ($2.4 billion) to $4.4 billion in 2021. reached. Turkey became Brazil’s 18th export destination and 31st import source in 2021. According to Turkstat, Brazil is Turkey’s largest trading partner in Latin America. Our trade with Turkey in 2021 is equivalent to 35 percent of Turkey’s total trade with the Latin American region.”

According to a study by the embassy’s trade unit, there are four Brazilian companies in Turkey that make sense in terms of volume. These four companies operating in the animal protein (poultry), cement, refrigeration equipment and auto parts sectors provide direct employment to 10 thousand people. Apart from this, it is known that there are many small companies belonging to Brazilian citizens residing in Turkey, especially in the tourism sector.

Energy investment from Turkey to Rio de Janeiro

Informing that an energy company from Istanbul, which won a tender in Brazil, will start its operations in Rio de Janeiro in the medium term, Ceglia drew attention to the important operation of Turkish Airlines in Brazil, which has daily flights between Istanbul and São Paulo. THY signed a codeshare and frequent flyer program (FFP) agreement with GOL, one of the important carriers of the Brazilian market, last week.

Brazil’s Ambassador to Ankara Carlos Martins Ceglia said, “Although the numbers are impressive, the governments and business communities of the two countries can and should do much better.” Ceglia said, “We are in agreement with the Turkish authorities on this issue.”

Brazil-Turkey High Level Cooperation Council convenes

Brazil’s Ambassador to Ankara Carlos Martins Ceglia said that the embassy is a very active trade development unit working to promote the common knowledge between the business people of the two countries. We are trying to work with the Turkish government to remove it. I believe that high-level visits also play a key role in this process,” he said, emphasizing the importance of Foreign Minister Mevlüt Çavuşoğlu’s visit to Brazil. “We are in Brazil, our biggest commercial partner in Latin America, to hold the High Level Cooperation Council meeting and hold contacts,” tweeted Çavuşoğlu, who went to Brazil on Sunday in the second leg of his six-country tour of Latin America.

Source: Dünya Gazetesi by www.dunya.com.

*The article has been translated based on the content of Dünya Gazetesi by www.dunya.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!