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

After Beckham US Soccer Hires Brazil’s Ronaldo

The US's modest soccer world is abuzz with rumors that the hiring of English ...

Brazzil Magazine covers

Brazilians Living on Stilt Houses First in Line for House Loans

One of the priorities of Brazil’s National Social Interest Housing Fund (FNHIS), which this ...

Brazzil Magazine covers

Preparing Jordan King’s Business Mission to Brazil

Jordan King Abdullah II's visit to Brazil in October should encourage bilateral trade between ...

Brazzil Magazine covers

Rio’s Top Cop Toppled After Tough Judge Is Killed by Police

Rio de Janeiro states’s military police chief has resigned amid a scandal that linked ...

Brazzil Magazine covers

What the US and Europe Can Learn From Brazilian Socialism

The crash of 2008 called the World Social Forum’s bluff. For years, the Forum ...

Brazzil Magazine covers

Arrests Made in Case of Journalists Tortured by Brazilian Police

A Brazilian man arrested on suspicion of being a member of a militia that ...