Attending “Indonesia in Uruguay Seminar”, an online event organized by MACC Mercosur Asean Chamber of Commerce, last Friday. A real picture of relationship and opportunities presented by Mr. Fiki Oktanio, Counsellor at Embassy of The Republic of Indonesia, in Buenos Aires. Sapiens Global was represented by it’s CEO Helio Galvão Ciffoni
A new platform for cultural interchange and innovation in trade was created by Sapiens Global, connecting the cities of Barcelos (Portugal), Dongguan (China) and Maringá (Brazil). A Chinese mission with 15 people met 15 Portuguese and 5 Brazilian entrepreneurs in Barcelos. From June 10th to 12th, the government representatives of the three cities and the entrepreneurs discussed trading, tourism and technology development. About 16 business opportunities are under development by Sapiens Global, along with DYEA (Dongguan Young Entrepreneurs Association), ACIB (Associação Comercial e Industrial de Barcelos) and CODESUL (Agência de Integração e Desenvolvimento do Sul do Brasil).
Major imports: fuels and oils, machinery, electrical equipment, vehicles and vehicle parts, chemicals, plastics, iron and steel
Major exports: iron ore, oil, soy beans, sugar cane, coffee, chicken, auto and autoparts, airplanes
Largest import partners: USA, China, Argentina, Germany, Japan
Singapore is the 4th largest Brazilian trade partner in Asia
Currency: Brazilian Real (BRL)
Understanding Brazil
Federal Republic of Brazil, occupies about half of the land area of South America. Brazil is divided into 26 states and a Federal District, grouped into five regions for administrative and political purposes: the North, the Northeast, the Central West, the Southeast and the South. The population estimated at 206 million (2014), the world’s fifth-largest country and the largest economy in Latin America.
It is a federal republic with a democratic government composed of an executive branch (headed by a president), a bicameral legislative branch (made up of a House of Representatives and a Federal senate) and a Judicial branch. The country has been politically stable since its current constitution was adopted in 1988, even though the multiplicity of political parties – there are more than 20 – means that coalition governments are normal.
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Brazil is a member of the Southern Common Market (Mercosur), which was formed in 1991 and includes Argentina, Paraguay, Uruguay and Venezuela. The Mercosur bloc represents a combined market of well over 270 million consumers and a collective GDP of $2.9 trillion. It provides for a common external import tax rate for imports from non-member countries – imports from members are generally tax exempt – and allows the free movement of goods and people among member countries.
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Brazil is also a member of the World Trade Organization and has trade agreements with various other countries.
Saturday, 3rd September
7pm till late
Sofitel Sentosa
LatAmCham Annual Gala Ball is a unique opportunity to meet Latin American and Singaporean business leaders and senior executives, while celebrating the very best of Latin America.
“One Night in Latin America” promises exciting spread of cuisines specially prepared by Chef Daniel Chavez, special wine pairing by Concha y Toro and an evening of cultural music and performances.
Sapiens Global is collaborating with one of the biggest Japanese department stores from Japan – Isetan – to get into the Olympic fever bringing products from Brazil to Singapore. We are representing some popular Brazilian coffee brands, chocolates, and also apparel and accessories at Isetan Scotts in Orchard, from 15 to 28 July. On the first day, we were honoured by the presence of H.E. the Ambassador of Brazil Flávio Damico.
From top left clockwise: Alas de Toros, Allipi, Trésor, Salma Nasser, Fiorela, Carolina Etz.Pilão Coffee, Coffee Beans (coffee to eat), Vapza (pre-cooked beans, yucca, white whole maize kernels), Banana Brasil (dried banana), Garoto (chocolates), Palmasul and Qualidoro (heart of palm).Origin products made of solid wood.
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department stores from Japan – Isetan – to get into the Olympic fever bringing products from Brazil to Singapore. We are representing some popular Brazilian coffee brands, chocolates, and also apparel and accessories at Isetan Scotts in Orchard, from 15 to 28 July. On the first day, we were honoured by the presence of H.E. the Ambassador of Brazil Flávio Damico.
