Business in Portugal. Portuguese Economy, Lisbon

1. Introduction to the Portuguese Republic
2. Portuguese Economy
3. Portuguese International Trade
   1. International relations of Portugal with Europe, Sub-Saharan Africa, America, Asia
   2. Atlantic Corridor (Portugal-Germany)
   3. Importance of the Community of Portuguese-speaking Countries
4. Invest in Portugal
5. Main Portuguese Companies
6. Case Studies:
   1. PORTUCEL SOPORCEL Group
   2. Efacec Group
   3. Portugal Telecom
7. Access to the Portuguese Market
8. Business Plan for Portugal

Sample:

The objectives of the subject “International Trade and Business in Portugal” are the following:

1. To analyze the Portuguese economy and global trade
2. To identify business opportunities in the Portuguese Market
3. To analyze the trade relations of Portugal with the student's country
4. To understand the importance of the Community of Portuguese-speaking Countries
5. To know the Portuguese trade agreements as a member of the EU
6. To develop a business plan for the Portuguese Market

The Subject “Foreign Trade and Business in Portugal” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: World Trade.

Masters: International Business, Foreign Trade.

Languages: + Portugal Portugal Portugal.

1. Credits of the Subject “Doing Business in Portugal”: 1
2. Duration: one week

Portuguese Preferential Access and Trade Agreements:

1. Portugal and the European Economic Area
2. The EU
   1. Economic and Monetary Union
   2. European Customs Union
   3. European Single Market
   4. The EU Services Directive
   5. European Digital Single Market
   6. As a member of the EU, Portugal is a beneficiary of the EU Free trade agreements
3. SELA
4. Africa-EU
5. ALADI (observer)

1. WTO
   1. GATS
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. WCO
   1. Kyoto Convention
3. Convention Harmonization of Frontier Controls of Goods
4. Hamburg Rules
5. CMR Convention (UN)
6. IRU
   1. TIR Convention
   2. Guidelines on Safe Load Securing for Road Transport
7. COTIF Convention (Rail)
8. BIC
9. Chicago Convention (ICAO)
10. IMO
    1. Convention for Safe Containers
    2. Istanbul Convention
11. ICS
12. Customs Convention on Containers - not a member

European Organizations:

1. European Union
   1. Group of States against Corruption
   2. ECB
   3. EIB
2. UNECE
3. OSCE

1. Inter-American Development Bank (Non-borrowing country)
2. OEA
3. Asia-Europe Meeting
4. ECLAC
5. African Development Bank
6. Asian Development Bank
7. IMF
8. UN
9. Community of Portuguese-speaking Countries (CPLP)
10. WTO
11. OECD
    1. OECD anti-corruption measures
12. WB

1. Portuguese Capital: Lisbon
2. Area of the Portuguese Republic (Europe): 92,212 km²
3. Portuguese Population: 10.46 million people
4. Official Language: Portuguese
5. Border with Spain
6. Portuguese Government: Unitary semi-presidential Constitutional Republic
7. The Portuguese Republic has significant cultural and historical with Latin America, especially with Brazil.
   1. Also to its former colonies: Macau, Mozambique, Angola, Cape Verde and São Tomé and Príncipe
8. Abolition of Slavery in Portugal: 1869

Religion: Catholicism (Christianity).

Portugal belongs to the European Economic Area.

Portuguese Economy

1. Portuguese GDP (nominal): 229,948 million dollars
2. One of the most important features of the economic structure of the Portuguese Republic is the services sector dominance
3. The Portuguese Services sector contribute 73.6% to gross value added (GVA) and represent 59.3% of the labour market
4. The global economic and financial crisis caused a domestic demand contraction
5. The main products of Portugal are textile, footwear, auto parts, chemicals, wood, cork oak, paper, metals, dairy products, wine, porcelain...

Portuguese Foreign Trade

1. The Portuguese market has only 10.6 million people, but there are more than 249.6 million people who speak Portuguese worldwide (the fifth most spoken language in the world: Angola, Brazil, Cape Verde, Guinea-Bissau, Mozambique, São Tomé and Príncipe, Macau...)
   1. These countries have significant trade relations with Portugal
   2. Foreign companies investing in Portugal can easily access to these markets
2. The Portuguese Republic has a nominal growth of 11% in exports of products and services
3. The Portuguese largest trading partner is Spain (23.5% of Portuguese exports)

(c) EENI Global Business School (1995-2024)
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