Macau invites Rio de Janeiro state to participate in exhibitions and conventions

28 June 2018

The Secretary for the Economy and Finance of Macau invited the Brazilian State of Rio de Janeiro to organise a visit and/or take part in the three most important exhibitions and conventions held in Macau – The International Forum on Investment and Infrastructure Construction, the International Environmental Forum and Exhibition and the Macau International Fair.

Leong Vai Tac said that the Macau Special Administrative Region (MSAR) government actively encourages economic diversification and the promotion of new industries, including financial development with its own characteristics, as well as the exhibition and convention sector, focusing its attention on conventions.

During a meeting with the deputy governor of the state of Rio de Janeiro, Francisco Dornelles and with the Secretary of the Civil House and for Economic Development, Sérgio Pimentel, the Macau Secretary for the Economy and Finance said that the formal establishment of the headquarters of the Fund for Development Cooperation between China and Portuguese-speaking countries will in the future foster investment between China, Brazil and Macau.

Leong Vai Tac emphasised the MSAR’s participation in the country’s general reform policies, namely in the planning of the Guangdong-Hong Kong-Macau Great Bay and in supporting the construction of the “Belt and Road” initiative, and creating the “One Centre and One Platform.”

After stating the official commitment to establish a yuan clearing/settlement center in the Portuguese-speaking countries, he added that businessmen in Brazil should, through the platform of entry to the market that Macao represent, take advantage of the “opportunities unique to China. ”

The deputy governor of the state of Rio de Janeiro said that the state government had focused more closely on Macau as a service platform for trade cooperation between China and the Portuguese-speaking countries and recognised the important role of the city in driving economic and trade development between Brazil and China.

Lionel Leong and the delegation are due to end the visit to Portugal and Brazil on 28 June when they will return to Macau. (macauhub)