Guinea Bissau business owners to visit Portugal in November

28 August 2006

Bissau, Guinea Bissau, 28 Aug – A day for business opportunities and investments is due to take place in Portugal in November jointly organized by the Guinea Bissau government, the Chamber of Commerce, Industry and Agriculture (CCIA) of Guinea Bissau and Portuguese export promotion agency ICEP.

The announcement was made Friday at the end of a similar day held for business people from Senegal, during which 35 agreements were signed between business people and
companies from the two countries, in the agricultural, fishing, tourism, general trade, banking and insurance sectors.

Simultaneously, the CCIA and the National Union of Chambers of Commerce, Industry and Agriculture (UNCCIAS) of Senegal signed a protocol for the next five years, focused on economics and socio-cultural issues.

With this agreement, Guinean business owners have asked their Senegalese counterparts to be the “financiers” of their projects to re-launch the local private sector, which was shut down due to the cyclical crises that Guinea Bissau has suffered over the last few years.

The initiative, which was set up by the Economy minister, Issufo Sanhá and by deputy president of the CCIA, Braima Camará, aimed to attract Senegalese business owners to the Guinean market.

During the meeting an agreement was signed to create a Senegalese-Guinean bank in Guinea Bissau, and the UNCCIAS pledged to help to build the headquarters of Guinea’s CCIA. (macauhub)