Brazil: Government mission visits Macau to promote business opportunities and attract investment

4 July 2008

Macau, China, 4 July – A Brazilian delegation is due to visit Macau Monday to provide information about business and investment opportunities in Brazil to local businesspeople, officials said Friday.

The mission is headed by Brazil’s Secretary for Foreign Trade, Welber Barral and includes officials from the Growth Acceleration Programme (PAC), Brazilian Export Promotion Agency (APEX), the Superintendence of the Manaus Free-Trade Area (SUFRAMA), the Planning and Articulation of Northeast Development Superintendence Policies, from the Department of Sugar cane and Agri-energy and the Ministry of Agriculture.

The Macau secretary for the Economy and Finance, Francis Tam, will be present at the presentation of the Brazilian government to local businesspeople and is expected to highlight the potential of Macau in its role as a platform between China and the Portuguese-speaking countries that wish to invest in China.

The visit to Macau was jointly organised by the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and the Portuguese-speaking Countries (Macau) and by the Brazilian Ministry for Development, Industry and Foreign Trade, along with Apex.

The Brazilian mission will be in Beijing on 11 July for a presentation to Chinese businesspeople of the business and investment potential of Brazil.

A Macau delegation from the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and the Portuguese-speaking Countries visited Brazil between 25 June and 2 July to promote bilateral cooperation. It met with businesspeople and government institutions.

The Sao Paulo Trade Association (ACSP) said in June it planned to open a representative Office in Macau to support small and medium-sized Brazilian companies that want to work in the People’s Republic of China. (macauhub)

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