Beijing, 8-11September 2009 — Brazil, the largest market economy in Latin America, the world’s fifth-most populous country and the world’s tenth-largest economy, will be present at the 13th China International Forum for Investment and Trade (CIFIT). Along side 5 other South American nations, Argentina, Peru, Columbia, Ecuador and Uruguay; Brazil’s senior investment councilors will promote the lucrative investment opportunities that await potential Chinese investors in South America.

Brazil and the other five countries will present today’s outstanding investment opportunities in South America during a time of unprecedented global economic challenges. Mr. Alessandro Teixeira, Chairman of Brazilian Trade and Investment Promotion Agency (Apex-Brasil) and concurrent President of the World Association of Investment Promotion Agencies (WAIPA) will be invited to give a keynote speech at the 8th Roundtable Conference for International Chamber Partnerships. Areas such as agribusiness, pharmaceuticals, cosmetics, biofuels, outsourcing, infrastructure, electronics, oil & gas, real estate, information, communication technology, etc. provide the greatest opportunities.

Despite the current global economic downturn, Brazil continues to solidify its position as a hot bed for investment. Brazil’s GDP rose by 3.1% year-on-year in the first quarter of 2009 to US$1.5 trillion. Foreign Direct Investment (FDI) rose by 30.3% from 2007 to 2008, from US$34.5 billion to over US$45 billion. These figures are a reminder of how strong and dynamic the Brazilian economy is. Brazil, now only following China, is the most attractive location for emerging market investment according to a 2009 LP survey run by EMPEA/Coller Capital Emerging Markets Private Equity.

Sino-Brazilian relations have continued to strengthen over recent years as both emerging markets gain economic stature. The economies of China and Brazil are complementary and their respective comparative advantages play a decisive role in helping both sides expand markets share, develop economic relations and promote economic growth. Brazil is abundant with natural resources, while China’s economy is resource-intensive, importing natural resources to in order to sustain its high-speed growth.

President Lula and President Hu issued a joint communiqué during the Brazilian leaders recent visits to China in May 18-20. Both presidents stressed the great importance to maintain economic growth and strengthen bi-lateral trade amid the international financial crisis. Vowing to promote cooperation and remove obstacles to custom and quality control so as to facilitate bi-lateral trade. “China has become the largest trading partner of Brazil since April 2009, and the global economic growth cannot go without China. As emerging big countries, Brazil and China share a lot of similarities, to enhance investment and trade cooperation is in line with the common interests of enterprises in both countries,” said Alessandro Teixeira.

Brazilian Trade and Investment Promotion Agency (Apex-Brasil) promotes Brazilian products and services exports and attract foreign direct investment to expand and accelerate economic development. To better enhance the exchange between Chinese and Brazil investors, Apex-Brasil Beijing Office was opened early this year as the first office in China. The Beijing Office will be a bridge between Brazilian and Chinese enterprises, promoting exports of products and services from Brazil to China and attracting more Chinese investment in Brazil. The offices main responsibilities will be conducting extensive market research, identifying the most potential and competitive Brazilian sectors and products in China, reaching cooperation agreements with international networks, and sponsoring Brazilian enterprises missions in different cities in China, Apex-Brasil’s Beijing office is the largest overseas support centre compared with the other four centers around the world, respectively in Miami (US), La Habana (Cuba), Warsaw (Poland) and Dubai (United Arab Emirates).

For more information, please contact:

ApexBrasil - China Office

Cesar Yu - Chief Representative

Address: Suite 1303-1305, Office Tower I, China Central Place 81, Jianguo Road, Beijing, 100025 CHINA
Tel: (8610) 5969 5333
Fax: (8610) 5969 5123
E-mail: cesar.yu@apexbrasil.com.br

Ruder Finn Public Relations

Indy Chang / Natalia Dong

Address: Rm. E101, Donghu Villa, No. 35, Dongzhimenwai Street, Beijing 100027
Tel: (8610) 64627321ext. 837 / 649
Mobile: (0) 13910090908 / 13910633375
Fax: (8610) 64267327
E-mail: changi@ruderfinnasia.com / dongn@ruderfinnasia.com

Source: http://www.chinafair.org.cn/english/News/251340.html