China and Portugal to sign trade agreement

13 January 2006

Beijing, China, 13 Jan – The president of ICEP Portugal, the body which promotes Portuguese exports, will begin a three-day visit to China on Monday to sign an agreement with the Chinese state body for promotion of international trade, the Beijing delegation of ICEP said Friday.

The visit by João Marques da Cruz is at the invitation of the China Council for Promotion of International Trade (CCPIT) the association with which ICEP will sign a protocol to increase trade relations between the two countries, said ICEP’s delegate in China, Joaquim Mendonça Moreira.

Marques da Cruz will also visit the future location of ICEP in Shanghai city center (China’s economic, financial and industrial “capital”), which the institution will share with the future Portuguese consulate-general, and is expected to open in March.

The visit by Marques da Cruz, which will also give him the opportunity to visit ICEP international delegations, will end in Macau, where the president will arrive on 18 January.

In December, Marques da Cruz stated ICEP’s availability to support Portuguese businesspeople in creating a Product distribution Center in China, in the form of a logistical warehouse to support Portuguese exports to China.

According to ICEP figures, from January to September 2005, China rose from 27th to fourth place in the ranking of largest destinations of Portuguese products.(macauhub)