The organization has called upon 100 companies from the region to attend the South America-Arab Countries Conference on Transportation and Logistics, slated for April in Cairo. The goal is fostering joint ventures.
According to the Brazilian FM Mauro Vieira, the country is in talks for an agreement to avoid double taxation in air transport with Egypt. The Arab country plans on creating the route once the deal is in place.
Arab and South American countries signed a framework agreement in the area and should establish a joint scientific programme. Responsible for coordination in South America is the Brazilian Insa.
The area was defined as a priority for cooperation between both regions, says the Lima Declaration. Countries want joint solutions for renewable energy and efficient consumption.
President Dilma Rousseff and her Tunisian counterpart, Moncef Marzouki, talked at the Aspa Summit and agreed that a delegation from the Arab country will travel to Brazil to witness social actions.
Both regions agreed, during the summit in Peru, to tune postures in international forums. The final statement in Lima calls for peace in the Middle East and support to Palestinian sovereignty.
Peru declared a holiday in the capital and the neighbouring city of Callao. The streets of the main hotels were closed and security was increased. The Arabs witnessed a live show of local culture.
The South American country signed a framework agreement to start free trade negotiations with the Gulf Cooperation Council.