--- In [EMAIL PROTECTED], "Teotonio R. de Souza"
<[EMAIL PROTECTED]> wrote:

Source: Correio da Manha
Lisboa, 06-01-2006

PRESIDENT OF PORTUGAL ON VISIT TO INDIA


The President regards it as a business visit to aN emerging world
power. The visit is planned accordingly. He will be accompanied
almost exclusively by those who have experience and intentions of
investing and establishing a commercial dialogue with India. This
dialogue, according to President's spokesperson, has been
insignificant so far.

The main personalities accompanying the President will be the
representatives of the banks of Portugal, of companies connected with
tourism, computers, telecommunications, and directors of the main
business associations. The visit is not meant to be tourism oriented
neither a pilgrimage, as reported by a source connected with the
Presidential palace, and it will be very different from the style of
visit conducted by the President Mário Soares in 1992.

The visit of Cavaco Silva has been planned with great secrecy. The
President has been meeting the businessmen who have been in contact
with India and also some members of the parliament. He intends
putting in place a 'relationship of the future' with one of the
countries that makes the BRIC (Brasil, Rússia, Índia and China), the
emerging world powers.  Cavaco will be in  – New Delhi, Goa, Mumbai
and Bangalore – and the main event will be an economic seminar. While
thinking of investment potential, the President is conscious of the
Indian investors abroad, such as the Indian businessman Lakshmi
Mittal, who has taken over the Arcelor, the second major steel
producer in the world.

Regarding matters of diplomacy and economy, Portugal wishes to act as
bridge between Africa and Brasil. During the visit the President may
sign some agreements in the areas of education and a treaty of
extradition.

During his stay in India, the President of Portugal will meet the
President of Índia, Abdul Kalam, the PM, Manmohan Singh, the leader
of the Opposition in  Lokh Sabha, the Congress Party leader, Sonia
Ghandi, and will pay homage to Mahatma Ghandi. In Goa, the President
will receive a doctorate `honoris causa' from the Goa University.

67 BUSINESSMEN

The President of Portugal will be accompanied by 67 businessmen, who
are paying for their trip. Among them will be the directors of Galp,
Murteira Nabo, of PT, Henrique Granadeiro, of BES, Ricardo Salgado,
of BPI, Fernando Ulrich, and of  Millennium BPC, Paulo Teixeira
Pinto. All business areas are included in the visit, such as
Logoplaste (Filipe de Botton),  Siemens (João Picoito),  Alcatel
(João Araújo), Dan Cake (Kantilal Jamnadas) and  Sonae (Carlos
Bianchi de Aguiar).

3 CABINET MINISTERS

These are the Ministers of External Affairs,  Luís Amado, of Economy,
Manuel Pinho, and of Culture, Isabel Pires de Lima. They represent
the present socialist Government of Portugal. Besides the Cabinet
Ministers, the team will include  Ministers of State of External
Affairs, Gomes Cravinho, and Higher Studies, Manuel Heitor. This
latter in representation of the Cabinet Minister,Mariano Gago. The
various political parties will also be represented.

COMMERCIAL BALANCE AT PRESENT IS AGAINST PORTUGAL

India is a market of  1.1 thousand million consumers. The commercial
balance is against Portugal, which in  2005, exported goods worth
21,55 milllion euros and imported goods worth  208,1 million euros.

According to the Portuguese Bureau of National Statistics (INE) there
has been a slow increase  of imports (4,9%) and exports (13,7%)
between  2001 e 2006.

Such rate of increase is considered insufficient to invert the
deficit facing Portugal  – a negative balance of 160,6 million euros
between January and September of  2006. Till September of 2006
Portugal exported 21,5 million euros worth of goods, as against
182,1 million euros worth of imports.

According to Portuguese National Bureau of Statistics, the number of
companies exporting to India grew between  2000 and 2004, from 198 to
349. The companies importing from India grew from 1163 in 2000 to
1620 in those four years.

In 2005, 40% of Portuguese exports consisted of  machinery, followed
by plastic and rubber products (12 por cento), metals (8,2%),
leatherware (6,3%), textiles (5,9 por cento) and  celulose (5,7 %).

BOLLYWOOD IN  PORTUGAL

The indian film industry may be granted facilities to enter the
Portuguese market to promote greater tourism flow from India to
Portugal, as reported by `Times of India'.

MASS IN PORTUGUESE FOR THE PRESIDENT  IN GOA

Cavaco Silva will assist a Mass in Portuguese in the Basílica of Bom
Jesus.

VISIT TO INDIAN  SILICON VALLEY

The concluding days of the President's visit will include a visit to
Bangalore, regarded as the Silicon Valley of  India, which has become
an attraction point for the latest in computer technology.

--- End forwarded message ---


Reply via email to