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Portugal

Portugal and Mozambique sign 13 agreements to strengthen cooperation

4 July 2019
The Portuguese and Mozambican governments on Wednesday in Lisbon signed 13 agreements, one of which on a credit line of 400 million euros until March 2020, the Portuguese press reported.

ENI and ExxonMobil to announce final investment decision in Mozambique before the end of 2019

4 July 2019
The final investment decision by the consortium led by Italy's ENI and US group ExxonMobil for natural gas exploration in Mozambique may be taken later this year, Mozambican President Filipe Nyusi said in Lisbon on Wednesday.

President of Mozambique wants free movement of people in Portuguese-speaking countries

3 July 2019
The Mozambican President said on Tuesday in Lisbon that Portuguese-speaking countries cannot have walls, the Portuguese press reported, adding that Filipe Nyusi had made a commitment to work to unlock the issue of mobility in the Community of Portuguese-speaking Countries.

Angola’s main trade fair expected to be attended by 21 countries

3 July 2019
Twenty-one countries, including Belarus for the first time, will be represented at the 35th edition of the Luanda International Fair (Filda/2019), with the participation of business, industry and agriculture entrepreneurs seeking business opportunities in Angola, the national director for Economy, Competitiveness and Innovation of the Ministry of Economy and Planning said on Tuesday.

Cabo Verde signs memorandum with the African Development Bank and Portugal

2 July 2019
On Monday Cabo Verde became the second Portuguese-speaking African country to sign the Memorandum of Understanding on the Lusophone Compact with Portugal and the African Development Bank, the archipelago's government said.

Directorate-General for Tourism replaced by the Cabo Verde Tourism Institute

2 July 2019
The new Cabo Verde Tourism Institute will have its headquarters in the city of Santa Maria, on Sal island, and the respective decree-law has been approved by the Council of Ministers, the ministerial spokesman said in Praia.

China-Portuguese-Language Fund seeks projects in São Tomé and Príncipe

1 July 2019
The China-Portuguese Cooperation and Development Fund is looking for projects in São Tomé and Príncipe, a country that reestablished diplomatic relations with China in December 2016, said the secretary general of Forum Macau.

Cabo Verde Investment Forum starts on the island of Sal

1 July 2019
The Cape Verdean island of Sal from Monday until Wednesday will host the Cabo Verde Investment Forum, a platform to facilitate business, enable partnerships and raise funds for the private sector, according to official information.

Capital Airlines to resume the connection between China and Portugal in August

28 June 2019
Capital Airlines will resume in late August the direct connection between the eastern Chinese city of Hangzhou and Lisbon, with a stopover in Beijing, which had been suspended in October 2018.

14th China/Portuguese-speaking Countries Business Meeting counts over 100 delegates from China and Macau

28 June 2019
More than 100 delegates from mainland China and Macau as well as representatives from Angola, Mozambique, Cabo Verde and Portugal have so far confirmed that they will attend the 14th Business Meeting between China and the Portuguese-speaking Countries, to be held on 8-9 July, said an official from the organizers in São Tomé and Principe.

Portugal pays 0.62% coupon on bonds in Chinese currency

27 June 2019
The interest rate on Portugal's three-year bond issue in China's currency on 30 May is 0.62% following a currency risk hedging operation, the Portuguese finance minister said on Wednesday in Lisbon.

Indebtedness of Portugal’s non-financial sector reaches a new record in April

27 June 2019
The level of indebtedness of Portugal's non-financial sector reached a new record in April 2019, standing at 727.0 billion euros, the Portuguese central bank said in a statement released on Wednesday.

Portugal supports Timor-Leste under the new 2019-2023 Strategic Cooperation Programme

26 June 2019
Portugal will support Timor-Leste with 70 million euros under the 2019-2023 Strategic Cooperation Programme (PEC), signed on Tuesday in Lisbon by Timor-Leste's Foreign Minister Dionisio Babo Soares and by Teresa Ribeiro, Secretary of State for Foreign Affairs and Cooperation of Portugal, the Portuguese press reported.

Cabo Verde’s public debt decreases in 2017/2018 but remains high

24 June 2019
Cabo Verde's public debt as a percentage of gross domestic product (GDP) declined in 2018 for the second consecutive year but "still remains high," the members of the Budget Support Group, whose first mission in 2019 took place 17-21 June, wrote in a statement.

Chinese investment in Portugal was over 9 billion euros in 2018

18 June 2019
China's investment in Portugal at the end of 2018 exceeded 9 billion euros, involving energy, finance, insurance, telecommunications, waterworks, health, design and engineering, architecture, aquaculture and catering, among others, said the ambassador of China in Portugal.

Trade between China and Portuguese-speaking countries reaches US$46.254 billion from January to April

14 June 2019
Trade between China and the Portuguese-speaking countries increased 11.99% in the period from January to April 2019 to US$46.254 billion, according to official Chinese figures released by Forum Macau.

Schengen Agreement limits mobility in the Community of Portuguese Speaking Countries

13 June 2019
The future mobility scheme in the Community of Portuguese-Speaking Countries (CPLP) will be limited by short-stay visas because of the European Schengen agreement, which only exempts Brazil and Timor-Leste, said the Portuguese Minister of Foreign Affairs.

Departure of euroAtlantic Airways from STP Airways requires a change in statutes

13 June 2019
The departure of euroAtlantic Airways (EAA) from STP Airways requires the agreement of the largest shareholder, euroAtlantic itself, and also implies a change of company statutes, said the founder and chairman of the Portuguese airline.

Cabo Verde’s PM expects mobility of people within the CPLP to be implemented this year

12 June 2019
The problem of mobility within the Community of Portuguese Speaking Countries (CPLP) could be solved later this year during Cabo Verde's presidency, said the Cape Verdean prime minister on Tuesday.

euroAtlantic Airways stops flying between Portugal and São Tomé and Príncipe

12 June 2019
Portuguese airline euroAtlantic Airways will stop flying between Lisbon and São Tomé from October, when the current agreement comes to an end, said the minister of Public Works, Infrastructure and Natural Resources of São Tomé.
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