Businesspeople from East Timor to have access to business opportunities in the Portuguese-speaking countries

4 September 2013

The East Timor (Timor-Leste) Chamber of Commerce and Industry will be part of a platform to publicise business opportunities in the Community of Portuguese-speaking Countries (CPLP), as part of an agreement signed Tuesday in Dili with the Portuguese Industrial Association, which is promoting the project.

“It is a project with the support of the Portuguese government and the European Union, which covers all CPLP countries and is intended to turn the CPLP markets in to a distinct economic area,” said the chairman of AIP, José Eduardo Carvalho, cited by Portuguese news agency Lusa.

The project also aims to create a “platform of business opportunities that are available in all CPLP countries and “promote partnerships between companies, making use of free trade markets that some countries have.”

According to the president of the Timor-Leste Chamber of Commerce and Industry, Júlio Alfaro, the protocol that was signed is an “important benchmark for development,” of the country as well as to protect the businesses of members.

On Monday the AIP began a business mission to Timor-Leste, which is due to end Saturday, in order to boost trade and investment relations between the two countries, including representatives of companies in the construction public works, food, ornamental rocks and office equipment sectors. (macauhub)