Cape Verde hosts Meeting of Businesspeople for Economic and Trade Cooperation between China and the Portuguese-speaking countries in June

2 May 2012

The Cape Verdean island of Sal is due from 17 to 19 June to host the Meeting of Businesspeople for Economic and Trade Cooperation between China and the Portuguese-speaking Countries, as part of Forum Macau, Cape Verdean newspaper A Semana reported.

According to the paper, the economic event, which is expected to be attended by 500 delegates, will take place in a hotel in Sal, and is intended to promote trade between China and the Portuguese-speaking countries that are part of Forum Macau.

Citing a source from Cabo Verde Investimentos (CVInvest), the weekly newspaper said that the business meeting was, !another demonstration of the efforts made by China and the Portuguese-speaking countries to carry out the plan of action signed by the organisations to promote trade and investment in the eight countries, as well as Macau.

China, Macau, Angola, Brazil, Cape Verde, Guinea Bissau, Mozambique, Portugal and East Timor – Sao Tome and Principe is excluded as it has diplomatic relations with Taiwan – in 2003 in Macau signed up to the creation of the Forum for Economic and Trade Cooperation.

The meeting, which is held each year, will be anchored to the 4th Edition of the Cape Verde Tourism Fair (Expotur), which will take place simultaneously and may bring a new dynamic to both events.

As well as businesspeople, the meeting will also bring together representatives of agencies for promoting trade and investment, chambers of commerce and business associations from China and the Portuguese-speaking countries.

The latest official figures published by Beijing showed that in the first two months the year trade between China and Portuguese-speaking countries totaled US$17.493 billion, or 16.90 percent more than in the same period of 2011. (macauhub)

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