Brazil in Warsaw

Welcoming Poland

Welcoming Poland

Growing trade between Poland and Brazil has led the Brazilian government to promote joint investment. To this aim, a new business centre, the Brazilian Investment and Export Promotion Agency (ApexBrasil) opened in Warsaw. In 2008, a cooperation agreement between the Polish Information and Foreign Investment Agency (PAlilZ) and ApexBrasil was signed. The opening of the new business centre in Warsaw is a step towards the promotion of trade between Brazil and Poland. This initiative is part of a strategy implemented by ApexBrasil. Among the main objectives of ApexBrasil is to supply Brazilian companies with information about the Polish market and export opportunities, as well as to put them in touch with Polish business partners. It is worth emphasising that one of the core activities of the ApexBrasil business centre is to support Polish investment in Brazil. What is more, thanks to the office in Warsaw, the Agency will have a chance to actively function in the entire CEE region. The opening ceremony took place on 4 September 2009 in Mulitmedia Centre Foksal. The event was honoured by the presence of Carlos Alberto Simas Magalhaes, the Brazilian Ambassador to Poland; Adam Szejnfeld, Secretary of State at the Ministry of Economy; Agnieszka Łukaszewska-Wojnarowska, Director of Regional Development at PAlilZ and Gilberto Lima, President of the ApexBrazil office in Poland. Over the past few years, the value of Polish-Brazilian trade has been growing, with the largest recent increase coming last year when total trade between the two countries exceeded $859 million. The main Brazilian goods on the Polish market are automobile parts, soy, coffee, wood and cigarettes. On the other hand, Polish companies export mostly chemical products, coal, steel and automotive components. The Brazilian economy, like the Polish one, was not dramatically affected by the global economic crisis, unlike the US and many Western European countries. In the past few months Brazil has reported a reduction of its national debt. Moreover, the country maintains fiscal stability and inflation is under control. In the first quarter of 2009 increase in Brazilian consumption amounted to 0.7%. The average growth of industrial production from January to April 2009 was 1.5%. Retail sales growth continues since mid-2008. ApexBrasil has business support centres in Miami, Dubai, Warsaw, Havana and Beijing. They support companies that intend to open international branches, store their goods and provide access to office infrastructure.


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