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Business  Published 10.07.2012

Brazil chamber to be unveiled

Networking: The brand new Luxembourg Brazil Business Council (LBBC) will hold its first public event, a summer evening drinks meeting, on Wednesday.

Brazil chamber to be unveiled

Due to the Grand Duchy’s steel industry, Luxembourg is the largest net foreign investor into Brazil--ahead of the US, France and Germany--LBBC president, Laertes Boechat (photo, right), told Delano.

With the development of deep sea “pré-sal” oil reserves taking shape, Boechat reckoned that this is year to start boosting economic ties between the two nations. Brazil’s new oil fields are located 5,000 to 7,000 meters below the surface of the water--compared to 2,000 to 3,000 meters in the Gulf of Mexico and North Sea--which could create a big opportunity for Luxembourg’s maritime centre. That is because Grand Duchy flagged ships are the type of sophisticated vessels needed to build and service super deep water drilling platforms, Boechat explained.

At the same time, a small number of Brazilian financial firms, such as Banco Bradesco, have already set up their European shop in Luxembourg. And Bocheat said he sees increased investment interest among the two countries’ private equity players.

Brazil does not have diplomatic representation in the Grand Duchy--although Daniel Tesch, director of the Luxembourg auto club is honorary counsul--so Boechat said the LBBC will work with officials in both countries to help fill the business information gap.

The LBBC officially began operations on May 23 and will give its first public presentation on July 11. The event starts at 7 pm and takes place at Agua de Coco in Clausen. Register in advance by emailing the LBBC at administrator@luxbrasil.org.

LBBC LinkedIn Group

TEXT: Aaron Grunwald  ·  PHOTO(S): Charles Caratini (archives)

KEYWORDS: networking, community, Brazil, business, chamber, Luxembourg Brazil Business Council, LBBC


  
  
   
   
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Tue, 10/07/2012 - 16:36 — Luxbrasil

Archive picture from South African Meeting

Thank you Delano for the publication of this promotional article. The picture was taken from archives during a meeting about South Africa, already some months ago. SA is right in front of Brazil at the other side of the Atlantic.

This meeting on Wednesday is all about Brazil. We are an inclusive and friendly nation.

Due to the increase in value of our currency and economic boom, job opportunities are abounding there. Naturally, we are experiencing in Brazil another wave of immigrants for economic reasons. We have several bilateral agreements with different countries abolishing the requirement of visas for tourism.

On the other hand we invited a true African person to be the mayor of Salvador in Bahia. The level of our exports to Angola boomed. Pele, the famous football player, is now on TV selling mansions in Angola. Home appliances fly off the shelves. Our interaction with Africa turns out to be a very profitable relationship.

The consequence of that? It is a routine to find Brazilians shopping in Miami, NY, LA, London, Berlin, Moscow or any other major capital. Being friendly is good for business.

We are in post-neo-colonialist world and the goals of democracy and freedom are fully ingrained in the Brazilian young and fresh mentality. Dealing with this freedom, tolerance and friendliness we are being successful while keeping our development green.

For our readers, please do come to our summer drink event. Wed, 11 of July,19:00 at Agua de Coco in Calusen.

Come and see for yourself.

Laertes Boechat
LBBC Chairperson