Lula in Portugal to strengthen trade relations
On his first official trip to Europe, Brazilian President Luiz Inácio Lula da Silva visits Portugal, attending the XIII Luso-Brazilian Summit. The purpose of the trip is to promote economic cooperation between the two countries, with emphasis on the energy sector.
EDP and Galp announce billionaire investments in Brazil
The Portuguese Prime Minister, António Costa, announced this Saturday that the companies EDP and Galp will invest 5,7 billion euros in projects in Brazil in the coming years.
These investments will be directed to the energy sector, reinforcing the partnership between Brazil and Portugal.
Economic Forum in Porto will strengthen economic cooperation
Also according to António Costa, an Economic Forum will be held next Monday in the city of Porto.
This event intends to consolidate the economic cooperation between the two countries and present business opportunities and partnerships in several areas, such as technology, infrastructure and energy.
Cooperation in the aerospace industry
During the summit, the Portuguese prime minister mentioned the opportunity to fly on the first plane delivered to the Portuguese Air Force, as a result of cooperation between Brazil and Portugal.
In addition, a new protocol will be signed, and an aircraft will be adapted for NATO in Portuguese territory, highlighting the collaboration between the two countries in the aerospace sector.
Luso-Brazilian Summit reinforces multilateral partnership
The XIII Luso-Brazilian Summit made it possible to reinforce Brazil-Portugal cooperation at the multilateral level.
António Costa, alongside President Luiz Inácio Lula da Silva, highlighted the importance of the meeting and stated that the Brazilian leader is always welcome, considering Portugal as his home.
Conclusion
The billionaire investment by EDP and Galp in Brazil demonstrates the strengthening of commercial and strategic relations between Brazil and Portugal. The cooperation between the countries extends beyond the energy sector, covering areas such as technology, infrastructure and aerospace.
The Economic Forum in Porto and the XIII Luso-Brazilian Summit are events that mark this partnership and reaffirm the importance of multilateral cooperation between nations.
