Brazil: Investment agency plans to open business center in China in 2008

20 November 2007

Rio de Janeiro, Brazil, 20 Nov – Brazilian export agency, APEX, plans to open a business center in China in the first half of 2008, according to a statement issued on its website.

The center will initially serve Brazilian companies interested in exporting their products to China and joins those already set up in Miami, Dubai, Lisbon, Frankfurt and Warsaw, which have facilities for business and an exhibition room.

In the statement, Apex-Brasil said that its chairman, Alessandro Teixeira, met in Beijing with the director-general of the China Investment Promotion Agency (CIPA), Zahang Yingxin and with representatives of the China Council for the Promotion of International Trade (CCPIT), a body linked to China’s international chamber of commerce.

Apex-Brasil is due to take 200 Chinese businesspeople to Brazil on November 29 to take part in the “Brazil x China Seminar: A Strategic Partnership.”

Next month, according to Apex-Brasil the director-general of CIPA plans to travel to Brazil accompanied by 20 investors in order to make official an agreement signed in September for development of initiatives in the sectors of biofuel, infrastructure, sea transport, agro-business, mineral resources, information technology, telecommunications, private equity and stock funds.

As of 2008 and over the following three years seminars will be held to raise awareness in the 33 Chinese provinces, so that Brazil can demonstrate the business opportunities it has to offer the Chinese. The first scheduled events will take place in Beijing and Shanghai, next year.

In an effort to boost business with China, in April the “Investment in Brazil” seminar will be held, in a Chinjese location yet to be agreed. (macauhub)