The Brazil Africa Institute (IBRAF), understanding the importance that maritime transport plays in the global economy, wants to bring port authorities closer to the Atlantic in an event that will be held in Fortaleza. The Atlantic Port Management summit will take place from May 5-6, 2020, and will bring together key players from the region to discuss best practices and facilitate networking between public and private institutions.
According to data from the United Nations Conference on Trade and Development, ship routes through the Atlantic Ocean increased by 6% in 2018. However, the South Atlantic connection is still little explored, a reality that offers great development potential.
With the recent launch of the African Continental Free Trade Area (AfCTA) due to come into force in 2020, the African continent has attracted even more attention from global trade. According to the World Trade Organization (WTO) data, AfCTA will be the largest free trade area in the world and is expected to generate a combined GDP of over $ 3 trillion.
Representatives of ports from countries bordering the Atlantic Ocean are being invited to the summit. During the two-day event, they will be able to discuss good management practices and take advantage of the vast business opportunities that exist in the maritime sector.
For further information: summitports.ibraf.org/