In a statement, the media group MacauLink described the "Guide to Investing in PALOP - Forms of Foreign Investment in PALOP and Timor-Leste" as "a practical tool" to access information on six legal systems: Angola, Cape Verde , Guinea-Bissau, Mozambique, São Tomé and Príncipe and Timor-Leste.
The coordinator of Legis-PALOP + TL said that the Chinese version of this publication "is (...) essential for Chinese entrepreneurs, policy makers and active or potential investors in Portuguese-speaking Africa and East Timor".
"We are certain that this publication will help with future investments in these markets," added Teresa Amador, cited in the same note.
Legis-PALOP + TL is the official legal database containing legislation, jurisprudence and doctrine from Angola, Cape Verde, Guinea-Bissau, Mozambique, São Tomé and Príncipe and Timor-Leste.
The director of MacauLink stressed that "the publication of this guide is proof of the vitality of the private sector in Macau, which is contributing significantly to promoting economic and trade relations between China and Portuguese-speaking countries, through the Special Administrative Region. of Macau (Macao SAR) ".
"It is even more extraordinary that, in a difficult context all over the world, a large Macau investor in Portugal, a major financial institution in Macau and one of the most dynamic research centers in Macao have joined together to support this launch", said Gonçalo César de Sá.
For the executive president of Banco Nacional Ultramarino (BNU), Carlos Cid Álvares, the publication will be an "important tool in terms of risk reduction and incentive to investors (...) and will actively promote investments".
The president of the Macao Institute of European Studies, José Sales Marques, stressed that investors will find in the publication a "relevant foreign investment structure, working environment, taxes and other important information on useful laws and regulations that contribute to the success of Business".
Macau businessman and wine producer in Alenquer Wu Zhiwei said that the guide will facilitate a "better understanding of the business structure" of Portuguese-speaking countries.
China established the MSAR as a platform for economic and trade cooperation with Portuguese-speaking countries in 2003.
Portuguese-speaking countries and China registered trade of 51.8 billion dollars in the first five months of the year.
Brazil remains by far the Portuguese-speaking country with the highest volume of trade with China, guaranteeing more than 80 percent of the goods traded, followed by Angola, Portugal, Mozambique, Timor-Leste, Cape Verde, Guinea Bissau and Sao Tome and Principe.
