Business meeting in north-eastern Brazil aimed at boosting trade between Portuguese-speaking countries

7 March 2007

Fortaleza, Brazil, 7 March – the 11th International Northeast Business Meeting, to be held Thursday and Friday, will highlight the trade opportunities between the members of the Community of Portuguese-speaking Countries (CPLP), the organizers said in Fortaleza Tuesday.

“This year we want to highlight the Portuguese-speaking countries and maximize business with the Portuguese and African markets,” Horácio Melo, who was responsible for the event promoted by the Brazilian Service to Support Micro and Small Companies (Sebrae) of the State of Ceará, told Portuguese news agency Lusa.

The meeting will bring together 30 businesspeople from small companies in Portuguese-speaking countries, as well as 250 companies from north-eastern Brazil.

Around 70 international buyers from several sectors are due to take part in the event, of which ten are Portuguese and 15 Cape Verdean, as well as representatives from Angola, Mozambique and Guinea Bissau.

According to Melo, trade with Cape Verde has seen significant growth over the last four years.

Ceará’s exports to the South African archipelago, which were inexistent in 2002, totaled US$5.6 million last year and this figure was even bigger for informal trade.

Melo said he believed the event, despite the fall in the dollar, currently worth 2.1 reals, may see the same level of deals as last year, which totaled US$27.9 million.

Amongst the sectors represented at the meeting are food and drink, furniture and footwear. (macauhub)