Europe and Latin America Get Together in Brazil to Do Business

Brazzil Magazine covers

The business potential inherent in the socioeconomic diversity of the Latin American countries will be demonstrated to European entrepreneurs and government, university, and research institute representatives at the III Connect being held in Brazil.

The meeting, which is taking place from Wednesday, November 16, until Friday, November 18. is bringing together more than 150 representatives of 16 countries in Recife, in Northeastern Brazil.

The event, organized by the International Business Center of the Pernambuco Federation of Industries (Fiepe), is designed to strengthen cooperation between the countries of the European Union and Latin America.

To accomplish this, the hope is to strengthen the Al-Invest program, which, since its inception by the European Commission in 1994, has benefited 30,000 firms from all commercial sectors.

According to Paulo Gustavo Cunha, vice-president of the Fiepe, business rounds will be held during the two days.

"These initiatives are not meant for buying and selling but to identify economic cooperation opportunities between the two regions," he says.

He pointed out that the projects can receive up to 80% of their financing from the European Commission.

The representative of the Brazilian government is Manuel Fernando Louzada Soares, director of technological policies in Brazil’s Ministry of Development, Industry, and Foreign Trade.

Soares said that the encounter should produce strategic alliances to concretize business deals for micro and small firms.

"We hope that a growing number of firms from Europe and Latin America can set up exchanges for a variety of purposes, aimed at helping improve competitiveness in the global market," he observed.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Tells US that WTO Comes Before FTAA

Negotiations within the scope of the World Trade Organization (WTO) and agreements with developing ...

Brazzil Magazine covers

Brazil’s Defense Minister Bumpy Ride Ends Here

Jurist Nélson Azevedo Jobim, 61, a former Supreme Court chief, accepted Brazilian President, Luiz ...

Brazzil Magazine covers

Designer of Brazil’s Capital Gets a Gift for his 99th Birthday: a New Bride

When the architect who dreamed BrasÀ­lia fell down in his Rio apartment’s living room ...

Brazzil Magazine covers

Brazilian President Offers Bush Brazil Know-How to Solve US Bank Crisis

Brazilian President, Luiz Inácio Lula da Silva, has called American president, George Bush, a ...

Brazzil Magazine covers

Investors Cash Their Chips and Send Brazilian Stocks Down

Latin American stocks were mixed, with Brazilian and Argentine shares falling on profit taking, ...

Brazzil Magazine covers

Brazil Shows Arabs How to Sell More Oil by Buying Brazilian Ethanol

Promoting ethanol on the international level has been an integral part of the Brazilian ...