New UAE investment in Brazil announced
ABU DHABI, April 17 (NNN-MERCOPRESS) — Brazilian President Luiz Inácio Lula Da Silva and his entourage reached an agreement with the United Arab Emirates which foresees investments worth R$ 12 billion (around US$ 2.45 billion) in Bahia, Agencia Brasil reported.
Negotiations took place during Lula’s stopover in Abu Dhabi, on his way back home from China, where he was welcomed by Shaikh Mohammed bin Zayed Al Nahyan.
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