Business round table with the President of Brazil

The President of Brazil, Michel Temer, is in Norway accompanied by four of his ministers and a delegation of senators and congress representatives. The Minister of Foreign Affairs, Aloysio Nunes Ferreira, Minister of Industry, Foreign Trade and Services, Marcos Pereira, Minister of the Environment, José Sarney Filho and the Minister Chief of Government, Antônio Imbassahy. They came to a so-called working visit for two days, following two days in Russia.

The president will meet with Norway’s King Harald V and the Prime Minister Erna Solberg. The first event on the agenda was a business roundtable conference, which took place at the Norwegian Shipowners Association (NSA) in Oslo on June 22nd. This meeting of activity was organized by the Embassy of Brazil, with the support of NSA, the Confederation of Norwegian Enterprises (NHO) and the Brazilian-Norwegian Chamber of Commerce (BNCC).

The delegation met representatives of Norwegian government, among them, the Norwegian Minister of Foreign Affairs, Børge Brende, Deputy Minister of Trade, Industry and Fisheries, Dilek Ayhan, Deputy Minister of Petroleum and Energy, Ingvil Smines Tybring-Gjedde. From the Norwegian side were also representatives of NSA, NHO, BNCC and a large number of industrial and maritime enterprises, among them BNCC’s members: Kongsberg Group, DNV GL, Aker Solutions, Statoil, Hydro, Yara, Jotun, DNB, GIEK, Denofa AS, Vard Group, and Statkraft.


​In his opening speech, president Michel Temer explained the politics implemented by his government, such as limitation of government spending and the labor and pension system reforms, highlighting the resumption of the country’s growth and a decline in inflation rates. He said that the legal and regulatory framework is under adaptation, to facilitate the international cooperation, especially in the energy sector. He encouraged Norwegian investors to keep investing in the long run and keep trusting in Brazil as a smart destiny for investments. “Brazil is leaving behind the most severe crisis in its history,” he declared.

The Norwegian Minister of Foreign Affairs reconfirmed the strong ties between Norway and Brazil and the belief that Norway and Brazil are important commercial partners. He reaffirmed the interest that Norway must keep delivering quality products and services and, based on shared interests, turn challenges into opportunities to strengthen the relations even further.

The Brazilian Minister of Foreign Affairs mentioned the significant milestone in Latin America integration through Mercosur and the Pacific Alliance. This is a commitment to multilateral and trade based rules. He also referred to the beginning of the negotiations for a free trade agreement between Mercosur and EFTA countries, which is a great potential for more expansion in business.

A selected group of 15 companies and organizations presented their particular challenges in Brazil. They requested less bureaucracy, simplification of the tax system, especially over domestic production, credibility with rules and regulations, transparency, and compromising with the forest protection and sustainability.

​The president of BNCC, Harald Martinsen mentioned that BNCC’s mission is to strengthen further the commercial relations between Brazil and Norway. And as a chamber of commerce, the challenge to increase the economic ties even further, in a sustainable way, is to make the Norwegian market more attractive to Brazilian companies. “It would present a new dimension in the commercial relations,” he said.

More than 100 Norwegian companies are present in Brazil today, the majority in the oil & gas and maritime sectors. This visit aimed to strengthen the bilateral relations between the two countries even further, especially within energy, environment, science, technology, and innovation.

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