Macau: Financial sector delegation visits Cape Verde and Brazil to boost cooperation

19 May 2008

Macau, China, 19 May – A delegation from Macau’s financial sector is due Tuesday to set off on a visit to Cape Verde and Brazil to strengthen cooperation ties with entities from both countries, Portuguese news agency Lusa reported Saturday citing an official.

The official added that throughout the visit, which is due to last until 3 June, “relationships will be strengthened between the financial communities of Cape Verde and Brazil and Macau, namely in terms of exchanging experiences.”

The delegation includes Alselmo Tang and Félix Pontes (Macau Monetary Authority), Herculano de Sousa (Banco Nacional Ultramarino), José Morgado (Banco Espírito Santo do Oriente), Ye Yixin (Bank of China) and Liu Da Guo (Tai Fung Bank).

The Macau delegation also includes insurance sector representatives, including, Si Chi Hok, chairman of the Executive Commission of Companhia de Seguros de Macau and the Macau Insurers Association and Jiang Yidao, general manager of the China Insurance Company (Macau).

The Macau delegation will also be accompanied by another 23 people, including Zhou Zhi Kui, director of the Economic Affairs Department of the Liaison Office of the Central People’s Government in the Macau SAR.

In Cape Verde, between 21 and 24 May, the Macau delegation will meet with banking and insurance entities, central banks and insurance and banking regulators, as will be the case in Brazil, between 25 May and 3 June, with visits to the cities of Brasília, Goiás, Sao Paulo and Rio de Janeiro. (macauhub)