Lulu Group performs an important position in increasing Saudi-Brazilian commerce relations

RIYADH: Lulu Group’s energetic participation in strengthening Saudi Arabia’s commerce partnership with Brazil. The Brazilian Commerce and Funding Promotion Company and the heads of Lulu Saudi Hypermarket signed a memorandum of understanding in the course of the go to of the Vice President of Brazil to Saudi Arabia. Brazilian Apex President Jorge Ney Viana Macedo Neves and Lulu Saudi Director Shaheem Mohammed signed the MoU within the presence of Brazilian Vice President Geraldo Alc Min and Saudi Funding Minister Khalid Al Falih.

Ministers and enterprise leaders led by the Vice President of Brazil made a historic go to to the Saudi capital, aiming to strengthen Brazil’s commerce partnership with Saudi Arabia and increase the enterprise community between the 2 international locations. The journey comes forward of opening a brand new window for a few of Brazil’s new companies.

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The brand new settlement will guarantee Lulu’s cooperation to increase the market in Saudi Arabia for rice, corn, soy bean, sugar, potato, corn, tomato, watermelon and onion, in addition to well-known Brazilian meat merchandise, in a visit that can guarantee Brazilian. cooperation within the agricultural and industrial sectors.

Lulu is proud to be the one non-public sector firm to signal such an settlement. Sheheem Mohamed stated that within the coming months, Lulu guarantees to increase the marketplace for Brazilian meat, greens and fruits, which have change into in style amongst customers, and to create a brand new shopper tradition. was created with higher and higher meals and transport expertise associated to the elevated entry of Brazilian merchandise to the Saudi market.