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Brazil Seeks More Investments from Spain

Brazil and the region of Catalonia (Spain) will exchange information about investments that may help potential Brazilian and Catalan investors in their international businesses decision-making process.

A Memorandum of Understanding on the exchange of economic data was signed in Barcelona (Spain), yesterday, by Brazil’s Minister of Development, Industry and External Trade (MDIC), Luiz Fernando Furlan, and by the Minister of Trade, Tourism, and Consumer Affairs of Spain, Josep Huguet.


Catalonia has approximately 17 thousand exporting companies, and the expectation is that, through information exchange, many of them will be interested in investing in the Brazilian market.


Brazil will make data from the National Investment Information Network (Renai) available. The Consortium for the Commercial Promotion of Catalonia (COPCA), in turn, will pass the information to Catalan companies interested in investing abroad.


After signing the Memorandum, Furlan had a meeting with the President of the Catalan Generalitat, Pasqual Maragall, to talk about increase in bilateral trading, and possible investments in Brazil.


COPCA will first send a technical mission to Brazil; a political mission will follow to further strengthen commercial relations between Brazil and Catalonia.


ABr

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