Brazil’s Cisa Trading wants to promote virtual logistics platform to boost Portuguese exports to Brazil

13 June 2006

Lisbon, Portugal, 13 June – Portugal should make use of a virtual logistics platform and create a commercial company in Brazil in order to increase exports to the largest Latin American market, said the chairman of Brazil’s Cisa Trading.

António Pargana, who also heads the Portuguese Chamber of Commerce in Brazil, in Sao Paulo, said that given the currently low levels of exports to Brazil, “at the moment there is no need to create a physical infrastructure,” like the one being set up by Portuguese export promotion agency ICEP in Brazil.

Portuguese companies, Pargana told Portuguese financial daily, Diário Económico, can use existing warehouses in Brazil, which have “very favorable” customs rules in terms of taxes, and function as a “duty free area” where the customer only pays for the time goods remain there.

In order to, “help the entry of Portuguese products,” into Brazil, Cisa has said it is available to help create the virtual platform and provide the companies with consulting services, and is currently in negotiations with ICEP to support the companies “which feel intimidated,” by the market.

One of the possibilities being studied, Pargana added, was to create a “trading post” exclusively for Portuguese products, in which local partners may take part.

According to Pargana, Portugal could become an important supplier of machinery and technology in Brazil.

Set up in 1996, Cisa Trading is one of the largest companies of its kind in Brazil, with annual turnover of around 1.1 billion euros.(macauhub)