Erongo Governor Neville Andre says the region is strategically located and remains an active hub of economic development as it houses key industries such as the fishing sector, mining, logistics, and transport, as well as tourism.

Andre said this during a courtesy visit by the Brazilian business delegation to his office.

Andre says if trade agreements between the two countries are successful, it will help address the country's high rate of youth unemployment and an unskilled workforce. 

He says many Namibians are migrating from rural to urban areas in search of better prospects, but finding employment remains elusive. 

He further says that given the region's dominance in economic activities, a clear understanding of what the Brazilian delegation has in store will help the region tap into the opportunities presented and increase its contribution to sustainable economic development.

The region holds significant importance as it serves as the primary hub for Namibia's fishing industry.

He added that the port of Walvis Bay links more than 300 million Africans in the SADC region to the Atlantic Ocean, and Brazil can be part of that connection.

Additionally, he says the region is home to the country's uranium deposits, making it one of the largest producers of uranium globally.

The Ambassador of Brazil to Namibia, Vivian Loss Sanmartin, says that there is a need for Brazil and Namibia to strengthen their trade bond as Namibia is still unknown to the business community of Brazil.

The visiting Brazilian business delegation is therefore encouraged to promote Namibia to the rest of Brazil, especially among the business community.

Also speaking at the event was Brazil business development specialist Ricard Latkani, who says the potential benefits expected to be gained from the trade between the two countries include increased market access, improvements in competitiveness, production capacity, living standards, and the possibility of creating hundreds of jobs.

-
Photo Credits
Future Media News

Category

Author
Stefan |Uirab