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Although geographically very distant the two regions have long historic links in such areas as oil production (Venezuela and Saudi Arabia were five of the founding members of OPEC) and even migration: there’s a strong component of Arab descendants in South America. Sao Paulo for example is considered the second Syrian city of the world behind Damascus.
The purpose of the regular summits which includes government officials and business representatives is not only closer trade links, possibly some form of association, but also political, with strong cooperation in the international arena, according to Brazilian sources.
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