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Portugal

China’s President due to visit Portugal in December

9 July 2018
The President of the People's Republic of China Xi Jinping is due to visit Portugal in early December, a few weeks before the start of the Year of China in Portugal and the Year of Portugal in China in 2019, the Portuguese Minister for Culture said on Friday in Macau.

Mozambique-Portugal summit results in ten bilateral instruments

6 July 2018
Mozambique and Portugal signed an agreement in Maputo on Thursday to allow social security payments in one country to be recognised in the other for career purposes, which will allow the application of the bilateral agreement signed between the two countries in 2010, a document signed by the Secretary of State for Social Security, Cláudia Joaquim, and the Labour and Social Security Minister of Mozambique, Vitória Dias Diogo.

More than 120 foreign companies take part in the 2018 Luanda International Fair

5 July 2018
More than 120 companies out of 350 registered to attend the 34th edition of the Luanda International Fair (Filda/2018) are foreign exhibitors, the national director for Economy, Competitiveness and Innovation of the Ministry of Economy and Planning announced on Wednesday in Luanda.

Portugal and Mozambique meet at summit in Maputo

5 July 2018
Starting on Thursday 5 July, the city of Maputo will host the 3rd Portugal-Mozambique Summit, which will analyse the economic, trade and political-diplomatic relations between the two countries of the Community of Portuguese Speaking Countries (CPLP), with the Portuguese delegation headed up by the prime minister, according to the Mozambican press.

Products from Macau and Portuguese-speaking countries available on NetEase Kaola

4 July 2018
Products from Macau and Portuguese-speaking countries are now available on NetEase Kaola, a cross-border e-commerce platform from China, at the "Macau Pavilion," an effective new channel to explore China's domestic market, according to the Macau Economic Services Bureau.

University of Coimbra launches course on relationship between China and the Portuguese-speaking countries

3 July 2018
China and the Portuguese-speaking Countries in the World Economy: Trade, Tourism, Cooperation and Development is the official name of an advanced training course coordinated by Carmen Amado Mendes to be taught over two semesters between the end of September and December and between February and May, at the University of Coimbra, Portugal, according to official information.

Portugal’s public debt reaches a record high

3 July 2018
Portugal's public debt reached a record high rising to €250.3 billion, according to information released by the Bank of Portugal.

Luanda 2018 International Fair already has 350 registered exhibitors from 13 countries

2 July 2018
The Luanda-Bengo Special Economic Zone will host more than 350 exhibitors from 13 countries from 10 to 14 July at the 34th edition of the Luanda International Fair (Filda), under the motto "Diversify the economy, developing the private sector," said the Arena group, which is organising the event.

BCI and BIG lead banking syndicate for IPO of Cahora Bassa hydroelectric plant in Mozambique

29 June 2018
Hidroeléctrica de Cahora Bassa (HCB) has hired Mozambique's Banco Comercial de Investimentos and Portuguese bank Banco de Investimento Global (BIG) to lead the banking syndicate that will organise, register, obtain authorisation, advertise, launch and execute the sale of 7.5 % of the company's shares on the Mozambican Stock Exchange (BVM).

Brazil may increasingly use Macau as a platform to operate in China

27 June 2018
Macau's Economy and Finance Secretary Leong Vai Tac said at a meeting in Brasilia that measures to reduce limits on access to to the Fund for Development Cooperation between China and the Portuguese-Speaking Countries to make it easier for more countries to benefit from its use.

Macau plans to operate as a financial bridge between China and the Portuguese-speaking countries

27 June 2018
The construction of a financial cooperation bridge between China and the Portuguese-speaking countries with the aim of stimulating Macau's role as a financial services platform was the basis for a visit by a high-level delegation to Portugal organised by the Macau Monetary Authority (AMCM) and the Macau Trade and Investment Promotion Institute, including representatives from the interior of China and Macau, according to official information.

CGD and BNU sign agreement to share market information on China and Portuguese-speaking countries

26 June 2018
Banco Nacional Ultramarino (Macau) has signed a cooperation agreement with its parent company, Portuguese state bank Caixa Geral de Depósitos (CGD), through the network of the two banks to collect and share market information about China and the Portuguese-speaking countries, the bank said in a statement.

12th Conference of Heads of State and Government of the CPLP sets up website

25 June 2018
The government of Cabo Verde presented the website and logo of the Cabo Verde summit and presidency of the Community of Portuguese Speaking Countries (CPLP), which will take place in July on the island of Sal, in a meeting with the press on Friday in Praia.

China Construction Group buys 7.5% stake in Lusoponte

22 June 2018
The China-Portugal Global Investment Company, a subsidiary of the China Construction group, signed a promissory agreement with Teixeira Duarte - Engenharia e Construções, a wholly-owned subsidiary of the Teixeira Duarte construction group, for the purchase of the 7.5% stake the group holds in Portuguese bridge manager Lusoponte.

“Triangular” relationship between Macau, China and Portuguese-speaking countries is “positive and virtuous”

21 June 2018
The triangular relationship between Macau, China and Portuguese-speaking countries is "positive and virtuous" for the countries involved, helping to increase exports and attract investment, the chairman of the Portuguese Foreign Trade and Investment Agency (AICEP) said on Wednesday.

Macau business delegation travels to Portugal and Brazil

19 June 2018
A business delegation from Macau, led by the Economy and Finance Secretary, Leong Vai Tac, will travel to Portugal to take part in the "Entrepreneurs Meeting for Economic and Trade Cooperation between China and Portuguese-Speaking Countries - Lisbon - 2018," followed by a visit to Brazil to prospect and study business opportunities, according to the Macau Trade and Investment Promotion Institute (IPIM).

EDP says China Three Gorges takeover bid is low

11 June 2018
EDP's Management believes that the takeover bid launched by China Three Gorges (CTG) is low and that shareholders should be compensated for allowing the takeover of the company.

Legis-PALOP legal database now includes Timor-Leste

8 June 2018
The Legis-PALOP legal database, an electronic platform that brings together legislation, jurisprudence and tenets from Angola, Cabo Verde (Cape Verde), Guinea-Bissau, Mozambique and São Tomé and Príncipe, will now include the legal system of Timor-Leste (East Timor), to be called Legis-PALOP+TL, according to an official statement.

Air cargo operation links China to Portugal and Brazil

6 June 2018
A Boeing 747 Cargo aircraft, with the insignia of Beijing Capital Airlines and TAP-Air Portugal, is due this year to launch an operation linking China, Portugal and Brazil, "a kind of fast track between the Far East and Brazil," the chief executive of the Portuguese airline told online publication Dinheiro Vivo in Matosinhos.

Boards of EDP and EDP Renováveis due to issue opinion on China’s Three Gorges takeover bid

5 June 2018
The boards of EDP - Energias de Portugal and EDP Renováveis have until 11 June to prepare a report on the opportunity and conditions of the takeover bid (OPA), namely on the prospectus and announcement of the launch by the group's main shareholder, China Three Gorges, according to the current law.
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