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Portugal and Brazil, two historical natural partners, bound together by a remarkable cultural identity, experienced different stages in their economic relations. These relationships came to decline gradually after the independence of Brazil and were reduced to minor activities. With the entrance of Portugal in the European Union and, more recently, the creation of Mercosur, of which Brazil is a founding member, and the consequent opening of borders to the flow of goods and foreign capital, new perspectives have been opened up in the relations between the two countries. Indeed, from the late 80s, there was a flow of new investment in Brazil in Portugal. Portugal, acquires the conviction of the need to recover its Atlantic vocation as an important strategy for positioning before its European partners, generating a growing interest in Latin America in general and Brazil in particular. The political and economic stability that exists in Brazil coupled with an orderly privatization program carried out by the Brazilian Government, placed Portugal among leaders of international investment in Brazil. There are now sufficient synergies to a strengthening of bilateral relations in their various aspects and in response to this reality, the services of the Chamber of Commerce and Industry Luso-Brazilian (CCILB) too will contribute to consolidating the bilateral relationship.   The CCILB has signed agreements and protocols with similar entities in Brazil and Portugal (Portuguese Chamber of Commerce in Brazil, Portugal Mozambique Chamber of Commerce, ICEP and the Commercial Association of Rio de Janeiro).
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