Business / Trade in Portugal
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MACAU, 2016/05/04
A Macau economic mission is taking part in São Paulo in APAS 2016, an international trade equitable for the supermarket sector organised by the Paulista Association of Supermarkets, from 2 to 5 May, according to official data.
The delegation, organised by the Macau Trade and Investment Promotion Institute (IPIM), will meet with entrepreneurs and institutions topromote the territory as a business platform with Portuguese-speaking nations.
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PORTUGAL, 2015/07/18
The easier movement of people between Mozambique and Portugal was discussed Thursday in Lisbon during a meeting between Portuguese Prime Minister Pedro Passos Coelho and the President of Mozambique, according to official information.
The statement issued after the meeting held at the São Bento Palace, the Prime Minister’s official residence, said the idea was to facilitate the movement of students, entrepreneurs and businesspeople, increasing trade and encouraging educational exchange.
However, the statement said, the model was not yet defined because, as Portugal is part of the Schengen area, there are general rules that cannot be changed by bilateral agreements.
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CHINA, 2015/05/14
Trade between China and the Portuguese language nations fell 25.36 % year-on-year to US$21.733 billion in the initial quarter of the year, indicate figures from the Chinese Customs Government released in Macau.
In the initial three months of the year China sold goods worth US$10.617 billion (+7.59 %) to the eight Portuguese language nations and bought merchandise worth US$11.115 billion (-42.25 %).
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CHINA, 2014/05/12
Portuguese President Aníbal Cavaco Silva is due to travel to Shanghai, Beijing and Macau from 12 to 18 May, at the invitation of President Xi Jinping, the two country’s said.
In Beijing the announcement was made by the spokesman for the Chinese Foreign Affairs Ministry, Hua Chunying and in Lisbon the Presidency said that “inclunding a political schedule the visit will include economic, cultural and academic aspects.”
Cavaco Silva will as well meet with China’s Prime Minister and the President of the People’s National Assembly, Li Keqiang and Zhang Dejiang, respectively, next conference with Xi Jinping, who is as well the secretary-general of the Chinese Communist Party.
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ANGOLA, 2014/02/13
Portugal’s balance of trade surplus with Angola fell by 60 % in 2013 to 480 million euros, a year next posting a surplus of 1.209 billion euros, according to official figures.
According figures from Portugal’s foreign trade and investment agency, AICEP, based on figures from the National Statistics Institute and cited by Portuguese news agency Lusa, in 2013 Portugal exported goods worth 3.1 billion euros to Angola, which was a rise of 4.1 % against 2012, or 122 million euros.
Imports from Angola in 2013 rose by 47.8 % to 1.632 billion euros, which was a rise of 851 million euros in Angola’s favour, which reduced Portugal’s surplus to an all-time low of 480 million euros.
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ANGOLA, 2013/10/18
Angola has broken off its "strategic partnership" with Portugal. This has rattled Lisbon, which is presently trying to salvage a promising export market that had gained in signifcance during the eurozone crisis.
Angola is Africa's number two oil producer next Nigeria
In recent years relations between Portugal and Angola had become close and intense. The former colony was exuding new-found economic strength and the former colonial master, battered by the financial crisis, was looking for new markets for its ailing businesses.
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CHINA, 2013/10/04
The increased interest of the Chinese in the Portuguese economy is expected to continue thus opening up Portuguese-speaking markets to China and allowing the deficit-ridden European country to have access to finance, researcher Loro Horta said in a recent study.
Entitled “China’s Southern European Spending Spree,” the article published the Diplomat magazine noted that China has bought US$1.3 billion in Portuguese national deficit and created a US$1 billion fund to support investment projects between China and the Portuguese-speaking nations.
With Portugal experiencing a prolonged economic crisis and surviving with funding from the International Monetary Fund (IMF), the European Union and the European Central Bank (ECB), China “is taking chance of the opportunities offered by the crisis in Portugal – and in other southern European nations like Spain and Greece,” the article said.
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BRAZIL, 2013/01/12
Portuguese products worth US$999 million were exported to Brazil in 2012, for year-on-year increase of 19.5 %, indicate figures from Brazil’s Ministry of Development, Industry and Trade.
In December Portuguese exports to the Brazilian market again passed the US$100 million mark, standing at US$101.2 million, slightly below the US$103 million recorded in December 2011.
