Trade minister heads for Brazil

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Norwegian Trade Minister Trond Giske will be off traveling again later this month, this time to Brazil, where no fewer than 120 Norwegian companies already have operations.

Trond Giske will be leading a business delegation from Norway to Brazil next week. PHOTO: Views and News

Giske will lead a record-large business delegation of 130 persons, who will visit Brazil from February 17-21.

Brazil is Norway’s leading trade partner in South America and one of the countries that, after the US and EU countries, has received the largest amount of Norwegian investment.

Norway imported goods from Brazil valued at NOK 6.3 billion last year.

Giske’s staff has planned meetings with several government ministers, top executives at oil company Petrobras and the president of the development bank BNDES.

The delegation will focus on the shipping and offshore industries, research and technology cooperation, architecture and financial services.

The number of Norwegian companies doing business in Brazil has doubled just in the last five years, according to figures from the ministry Giske leads. His government colleague, Oil Minister Terje Riis-Johansen, was in Brazil himself just last fall and now it’s Giske’s turn.

“Brazil is our most important trading partner in Latin America,” said Giske, who will visit Rio de Janeiro, Sao Paulo, Santos, Belém and Brasilia. “It’s becoming a steadily more important country for Norwegian business, and we want to strengthen our business and trade cooperation.”

Included in his delegation will be executives from Norway’s biggest bank, DnB NOR, Statoil, Odfjell Drilling, Siem Offshore and employers’ organization NHO.

Views and News staff