Brazil: Macau mission to Sao Paulo brings businesspeople together and boosts business deals

1 September 2008

Sao Paulo, Brazil, 1 Sept – Brazilian food producing companies should start selling their products in Macau, the Executive Director of the Macau Trade and Investment Promotion Institute (IPIM), Echo Chan told Macauhub.

Echo Chan also said that she had invited Brazilian businesspeople to take part in the 13th Macau International Fair (MIF), which will take place between 23 and 26 October.

Brazilian and Macau businesspeople met last week in Sao Paulo, where an IPIM led mission stayed several days to promote the territory in Brazil and present Brazil to the members of the mission.

The Macau group, made up of 14 businesspeople and representatives of IPIM, took part in business contact meetings and meetings with members of the government, visited a cosmetics fair and the port of Santos in the state of Sao Paulo.

Echo Chan said that the mission to Brazil had two main objectives: “Bringing businesspeople to find out about the country and promoting Macau here, principally in the services sector.”

The Macau businesspeople that took part in the mission are mainly from the food, conventions and fairs sectors, said Echo Chan, but also from the construction, pharmaceutical, electronics, chemical, education, clothing and financial sectors.

In relation to setting up a representative office in Sao Paulo, Echo Chan said that there were currently no plans to do so. “But we already have great support from the Commercial Association of Sao Paulo (ACSP), Apex (the Brazilian export and investment agency) and the Macau community in Brazil,” said the IPIM director.

Trade between the state of Sao Paulo and Macau doubled year on year in the period from January to July 2008 to US$3.341 million, according to figures from Brazil’s Foreign Trade Ministry.

The state of Sao Paulo was responsible for 40.5 percent of the total trade between Brazil and Macau in the first seven months of the year. Macau-Brazil trade totalled US$8.231 million in the period.

After its visit to Sao Paulo the mission travelled on to Maputo, the capital of Mozambique. (macauhub)