SODERCAN and Cámara organize a conference on business opportunities in Central America, Ecuador and Brazil – Cantabria

The Society for Regional Development of Cantabria, SODERCAN, attached to the Ministry of Industry, Tourism, Innovation, Transport and Commerce, organizes with the Chamber of Commerce the information session “Business opportunities in Central America, Ecuador and Brazil for companies in Cantabria” , which will take place next Wednesday, October 27, starting at 4:00 p.m. in virtual format.

This day, lasting an hour and a half, has the collaboration of Global Caribe Solutions and Correos. With this action, SODERCAN wants to guide all companies in Cantabria with commercial interests in the Dominican Republic, Ecuador and Brazil.

The opening of the day will be in charge of the general director of SODERCAN, José Antonio Garcia Delgado, and the general director of Cantabria Chamber, Jesús Tortosa. Next, Jorge Méndez Fernández, CEO of Global Caribe Solutions, will present the current situation in the Dominican Republic and will carry out a brief sectoral analysis, with special attention to agri-food, renewable energies and ICT.

Edwin Gavidia, CEO of Gavatrade, will focus on the Ecuador market, while Ruth Medina Pérez, International Business Manager of Correos, will present the Correos solution for exporting companies.

Assistance is free upon registration at this link:

http://www.camaracantabria.com/agenda_actividades/fichact.php?id=1843&tipo=Jornadas.

The CEO of SODERCAN, Rafael Pérez Tezanos, encourages companies in Cantabria with an interest in exporting to these countries and / or expanding their sales there to participate in these actions to promote internationalization that SODERCAN makes available to SMEs with the support of the Chamber of Commerce of Cantabria.

As highlighted, Cantabria exported almost 80 million euros to Brazil, the Dominican Republic and Ecuador in 2019. In his opinion, these markets can play an important role in reactivating trade flows after the COVID-19 crisis. “In each of these countries, great efforts are being made to lay the foundations for the recovery after the pandemic and to seek sustained economic growth in the coming years,” he said.

The Dominican Republic has important commercial and historical relations with Spain. A small country but considered a priority both in terms of export and import and that plays an important role as a platform for access to other markets, not only because of its location, but also because it has important international agreements that allow access to other markets.

The Dominican Republic is growing despite the economic slowdown caused by Covid and continues to be one of the fastest growing markets in the Caribbean and Central America. For Cantabria, it is a small but important market that, despite the fall in 2020, is recovering its figures, so that during the first half of the year, Cantabrian exports have increased by almost 100%. Cosmetic products, household appliances are exported and the opportunities in the agri-food sector are noteworthy.

Ecuador and Brazil

For its part, the Ecuadorian market has grown exponentially in recent years. In 2019, Spain was Ecuador’s eighth global customer and the first at the European level, in addition to being the eighth provider (first European country). Last year, Spanish bilateral trade reached a historical figure of more than 1,400 million dollars, 16.84% more than the previous year.

The opportunities are focused on the part of infrastructures, construction, but also in exports, where in Cantabria the exports of sanitary products, electrical appliances, chemicals and machinery stand out.

Brazil is one of the priority destinations for Spanish investment and ranks 12th in our exports. It is a key export market, but at the same time a complex market that offers opportunities in matters such as transport, energy or sanitation or communication.

In 2020 in Brazil, 12 airports, 20 seaports, five railway lines (of which one is under concession and two are under renovation and cross-investment) and three highways were tendered to the private sector, with a total of 44.3 billion real in investments.

Despite the effects produced by the global pandemic, the Brazilian market has continued to grow in sectors such as renewable energy production, oil production, as well as being the eighth market for vehicles. Products related to steel, chemical products, fabrics and machinery are exported from Cantabria.

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