Portuguese Business Confederation creates structure to deal with Portuguese-speaking world

9 October 2017

The CIP – Portuguese Business Confederation, which brings together the main Portuguese companies, has recently created a new structure to increase the country’s competitiveness in the emerging economies, particularly the Portuguese-speaking countries.

The Strategic Council for Cooperation, Development and Economic Lusophony is made up of 24 members, including representatives of companies and business associations. It is chaired by Francisco Mantero (manager and former director of ELO – Portuguese Association for Economic Development and Cooperation).

The Strategic Council will have as its vice-presidents representatives of Galp Energia, Caixa Geral de Depósitos, Mota-Engil and the Aveiro Industrial Association.

This structure will provide consultation, studies and recommendations within the framework of the CIP, as well as driving national and international entities to cooperate with, develop and promote an economic relationship with the Portuguese-speaking world.

A source close to the entity told Macauhub that the new Council, after a first meeting in September, is now focused on raising European funds for projects of Portuguese companies and their partners in emerging economies.

The new structure is part of the CIP’s objectives for 2017, which include stimulating the development of public policies to support investment, innovation and internationalisation.

Founded in January 2011, the CIP was the result of a merger of corporate associations AEP – Associação Empresarial de Portugal, AIP/CCI – Portuguese Industrial Association/Chamber of Commerce and Industry and CIP – Confederation of Portuguese Industry.

In social consultation negotiations in Portugal, involving the government and trade unions, CIP is the main employers’ representative.

It includes sectoral and regional associations, as well as all the Chambers of Commerce and Industry of Portugal, totalling more than 114 companies, with businesses estimated at more than 105 billion euros.

Internationally, it is part of entities such as BusinessEurope, International Organisation of Employers (OIE) and International Labour Organisation, among others. (macauhub)