Trade cooperation issues discussed in Brazil

Trade cooperation issues discussed in Brazil

Brasilia, October 26, 2022 – Ambassador of Kazakhstan to Brazil Bolat Nussupov met with the President of the Confederation of Trade of Brazil Jose Roberto Tadros.

During the meeting, the parties discussed the current status of trade, economic and investment cooperation between Kazakhstan and Brazil and expressed interest in its further development. During the conversation, there was also an exchange of information regarding the nomenclature of export goods of the two countries and proposals for its expansion were outlined.

The Ambassador of Kazakhstan Bolat Nussupov, noting the great potential for the development of bilateral trade, economic and investment cooperation, invited the leadership of the confederation to take part in the work of the Kazakhstan-Brazil Business Council, co-chaired by the Kazakhstan Industry and Export Center «QazIndustry» and the National Industrial Confederation of Brazil, created by in 2021.

In turn, Jose Roberto Tadros, highly appreciating the opportunities of Kazakhstan as a regional hub for Brazilian business in Central Asia, noted that the establishment of this mechanism would give a powerful impetus to the entire range of bilateral economic cooperation, and he also announced his readiness to attract interested Brazilian companies for the implementation available potential.

For reference: The National Confederation of Trade in Goods, Services and Tourism (CNC) is the highest level trade union organization in the Brazilian service sector.

Founded on September 4, 1945, the organization coordinates the Confederate Trade Union Representation System (Sicomércio), formed by 34 employers' federations (27 states and 7 national), which in turn unite more than a thousand trade unions from different trade segments throughout Brazil. Together, these organizations represent about 5 million companies that create 25.5 million direct and formal jobs in the country.

In addition, the CNC operates one of the largest social development systems in the world: the Social Service of Commerce (Sesc) and the National Service for Commercial Training (Senac), which are part of the so-called S-system.