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

Tags:

Ads

You May Also Like

Making Amends

The Brazilian Agrarian Reform Association disagrees  with the manner in which the number of ...

Brazil and Botswana Sign Five-Year Accord to Fight AIDS

During today’s visit of Botswana’s President, Festus Mogae, the governments of Botswana and Brazil ...

Brazil Wants US Condemned for Cotton Subsidy

Brazilian cotton producers are waiting for the World Trade Organization (WTO) to release its ...

Brazilian Embraer's Phenom 1000

Brazil’s Embraer Sells Four Jets to the Irish

Brazil's aircraft maker Embraer and Ireland-based Premier Aviation signed a contract for four Phenom ...

High-Stakes Corruption Case in Brazil Sets Off a Judiciary Civil War

When Opportunity Bank owner Daniel Dantas, mega investor Naji Nahas and former mayor of ...

Brazil Plans to Create 9 Federal Universities and 41 Campuses

Brazil expects to have 700,000 more students enrolled in higher education in 2007. This ...

Steel Production in Brazil Falls 9%

Brute steel production in Brazil totaled 4.707 million tons in the first two months ...

Brazil: Children’s Rights Are Just a Legal Fiction

Some jurists regard Brazil’s constitutional and statutory protection as a model for the world ...

Brazil Raises Women Trafficking Theme at World Social Forum

The head of the Brazilian Special Secretariat of Women’s Policies (SPM), Minister Nilcéa Freire, ...

Employment Rate Up But Hours Worked Down in Brazil

Brazil’s National Confederation of Industry (CNI) released, yesterday, its industrial indicators for July. The most ...